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About Us 


In brief, the Pension Protection Fund’s main function is to provide compensation to members of eligible defined benefit pension schemes, when there is a qualifying insolvency event in relation to the employer, and where there are insufficient assets in the pension scheme to cover the Pension Protection Fund level of compensation.

The Pension Protection Fund is a statutory fund run by the Board of the Pension Protection Fund, a statutory corporation established under the provisions of the Pensions Act 2004.

To help fund the Pension Protection Fund, compulsory annual levies are charged on all eligible schemes.

Investing the assets of the Pension Protection Fund effectively is a further key function of the organisation.

The Pension Protection Fund is also responsible for the Fraud Compensation Fund - a fund that will provide compensation to occupational pension schemes that suffer a loss that can be attributable to dishonesty.

 

Annual Reports

Annual Report and Accounts 2013/14 - full version -  published 22 July 2014
Annual Report and Accounts 2013/14 - part 1 - Commentary
Annual Report and Accounts 2013/14 - part 2 - Statutory Reports
Annual Report and Accounts 2013/14 - Part 3 - Actuarial Valuation

YouTube Video - Chief Financial Officer Andrew McKinnon discusses the highlights from the 2013/14 Annual Report and Accounts

Annual Report and Accounts 2012/13 - full version -  published 29 October 2013
Annual Report and Accounts 2012/13 - part 1 - Commentary
Annual Report and Accounts 2012/13 - part 2 - Statutory Reports
Annual Report and Accounts 2012/13 - Part 3 - Actuarial Valuation

Annual Report and Accounts 2011/12 - full version -  published 22 October 2012
Annual Report and Accounts 2011/12 - part 1 - Commentary
Annual Report and Accounts 2011/12 - part 2 - Statutory Reports

View previous annual reports


 

Funding Strategy Documents

Funding Strategy Update - July 2014
Funding Strategy Update - October 2013
Funding Strategy Update   - October 2012
Funding Strategy Update - November 2011
The PPF's Long-Term Funding Strategy - published August 2010
Funding for the Future (factsheet) - published August 2010


 

Strategic Plans

Strategic Plan 2014 - published April 2014

Strategic Plan 2013 - published May 2013
Strategic Plan 2012 - published May 2012
Strategic Plan 2011 (includes Management Plan for 2011/12 - 2013/14 and Business Plan 2011/12 - published April 2011
The Management Plan 2010/11 - 2012/13 Incorporating Business Plan 2010/11  - published April 2010

 

 

Risk Appetite Statement - revised September 2014