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NewsUK government set to scrap PPF administration levy
UK pensions minister Torsten Bell confirmed plans to abolish the Pension Protection Fund administration levy
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NewsPension Protection Fund could lower the levy further, claims WTW
WTW claims that even if PPF distrust the government to bring the levy back, it could lower it below £100m
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NewsPension Protection Fund puts levy decision on hold
The lifeboat expects to make a decision on a new levy for 2025/26 in January
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NewsPPF scraps levy as UK Pension Schemes Bill progresses
The move saves defined benefit schemes and their sponsoring employers collectively £45m
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NewsUK’s PPF to invest £1bn in infrastructure
DB protection fund will assess quality UK and global opportunities in line with fiduciary duty
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InterviewsExit interview: Oliver Morley, Pension Protection Fund
Oliver Morley leaves the PPF in December to join Money and Pensions Service
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NewsPPF lowers levy to £45m as it expects more flexibility from government
DWP says it will consider giving PPF more flexibility to reduce its levy, supporting DB schemes and their sponsoring employers to drive growth
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NewsUK largest pension providers and insurers back regional growth drive
All Accord signatories, along with Rothesay, PIC and the PPF, have signed up to the ‘Sterling 20’ initiative
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NewsPPF launches consultation as it plans to keep levy at £100m
UK’s lifeboat scheme continues to engage with government on possibility of lowering levy further
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NewsUK lifeboat fund consults on keeping levy at zero for 2026/27
Pension Protection Fund says it will continue to build financial security principally through its investment returns
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NewsNew PPF proposals would represent ‘seismic changes’ to UK pensions landscape
Plans would mean ‘struggling’ DB schemes could choose to opt-in to the Pension Protection Fund
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NewsIndustry provides further backing for PPF endgame role
The consultation on DB surplus extraction and the public sector consolidator operated by PPF closes on 19 April
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Pension Protection Fund sets strategic priorities for next three years
The fund is currently conducting a planned review of its funding strategy
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NewsPPF proposes bespoke discount rates in valuations for smaller schemes
The consultation will close on 6 May and seeks views from actuarial professionals and industry stakeholders
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NewsPPF appoints Michelle Ostermann as chief executive officer
Ostermann is set to assume her new role on 1 April, with Katherine Easter acting as interim CEO in the meantime
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NewsPPF selects Aviva to provide DC solution for hybrid schemes
Under the partnership, benefits of DC members of the PPF hybrid schemes will now be protected by Aviva’s master trust
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NewsClothing retailer pension scheme rescued following regulator’s intervention
Members are now expected to receive their full benefits under the pension plan as they fall due
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NewsOliver Morley leaves chief executive role at PPF
Morley will take up the role of CEO at Money and Pensions Service (MaPS)
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NewsPPF and DWP explore legislative changes to further reduce levy
Next year’s target collection of £100m will be the lowest levy the PPF has ever charged
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NewsPeople moves: IFM’s Nikulina joins ShareAction’s trustee board
Plus: PPF chief joins Capital Markets Industry Taskforce; FCA makes board appointments
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