The recent recession has seen our role at the PPF come into sharp focus, and although the current economic conditions continue to provide a challenging environment in which to operate, we are confident that our business model remains resilient.

Our Management Plan 2010/11 – 2012/13 incorporating Business Plan 2010/11 outlines our strategic objectives for the next three years. These strategic objectives, new from 2010/11, reflect many of the same key areas as the former mission and objectives, and reflect the benefit of five years’ experience:

• Manage schemes through the assessment and wind-up processes in a timely and efficient manner.
• Invest assets prudently and effectively to meet our commitments.
• Set and collect an appropriate levy and allocate it fairly.
• Maintain our reputation by communicating clearly what we do and why.
• Be an efficient organisation where staff are recognised and valued.
• Maintain effective risk management in all areas of PPF business.

The Management Plan outlines the key activities and performance indicators for these objectives.