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Pension 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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Pension 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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UK’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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Exit interview: Oliver Morley, Pension Protection Fund
Oliver Morley leaves the PPF in December to join Money and Pensions Service
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PPF 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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PPF 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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New 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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Industry 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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People 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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PPF 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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PPF 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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PPF 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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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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PPF 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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Oliver 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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PPF opens levy consultation to halve charge to £100m
‘It is clear that PPF would like to go further but is constrained by law,’ says LCP
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UK government to allow trustee approval of DB surplus extraction
It also puts public sector consolidator proposals on the backburner
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PPF expands sustainability drive with new strategy
Plus: Church Commissioners’ sustainability report shows farmland to be highest carbon emitter
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PPF latest climate report shows focus on high-quality disclosure
The fund has been spending ‘considerable’ time gathering climate assessment for every asset class, says CIO
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Mixed views on UK government plans to consolidate DB schemes into PPF
PPF a ‘clear choice’ for public sector consolidator, but concerns remain over the time it would take to make it operational