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Transferred Schemes 


Since opening its doors in April 2005, the Pension Protection Fund has taken on many schemes under its wing. It is currently paying out compensation to thousands of British people whose employer has gone bust. This page gives you the latest information on the schemes as they transfer into the PPF every month.


April 2014 Update

The following schemes transferred in April 2014:

 Scheme Name

 Main employer

Number of Members

E K Mechanical Services Limited Retirement Security Plan 2666

EK Mechanical Services ltd

5

IBP Conex Pension Scheme

IBP Conex Limited

353

Lonrho Textiles Limited Pension Plan (aka Cramlington Textiles Limited Pension Plan)

Cramlington Textiles Limited

126

The N. J. Bradford Limited Pension and Life Assurance Scheme (1978)

N. J. Bradford Limited

50

The Selectus Limited Pension Fund

Selectus Limited

347

Total number of schemes transferred =  701
Total number of members transferred = 199, 483
Total compensation paid to date = £1.28 billion
Average yearly payment per person = £3,460
Schemes that have completed assessment outside PPF = 249