Cymraeg

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.

August 2008 Update

The following schemes transferred to the PPF in August 2008:

Total number of schemes transferred = 57
Total number of members transferred = 15,935
Total compensation paid to date = £23,634,229
Average yearly payment per person = £4,700
Schemes that have completed assessment outside PPF = 18

‘We are achieving what we clearly set out to do three years ago. The figures show how the PPF is providing stability and security for its members.’
(Partha Dasgupta, Chief Executive)

Scheme	Principal Employer(s)	Number of Members
Asprey Group Staff Pension Scheme	A & G UK Limited	1152
Electroconnect Limited Pension Scheme (Macrocom (265) Limited Section)	Macrocom (265) Limited	3
Hamilton Pension Plan	J S Hamilton Limited	6
LDV Ltd Pension Scheme	LDV Ltd	1547
Motor Industry Pension Plan - Marsden Vanplan Section	Marsden Vanplan Plc	32
Pearce Group Staff Pension Scheme	Pearce Signs Services Ltd	229
Robert H Lowe Retirement and Death Benefit Scheme	Smart Approach Group Plc	163
Trianco Redfyre Limited Pension & Life Assurance Scheme	Trianco Limited	252
Westair Group Pension Fund	Westair Limited	82
WHL Group Pension & Life Assurance Scheme	WHL Group Ltd	30
WHL Group Pension & Life Assurance Scheme (Worldfast Ltd, Trans-Port UK Ltd, Ocean Despatch Ltd, Globeport Ltd sections)	Worldfast Ltd, Trans-Port UK Ltd, Ocean Despatch Ltd, Globeport Ltd	87
Wimco Staff (RBK) Retirement Benefit Scheme	Wimco Group Coaches Ltd	14
Total Number of Members Transferred This Month		3597

Further Information

List of all schemes that have completed the Assessment Period
Schemes in the Assessment Period

Transferred Schemes

August 2008 Update

Total number of schemes transferred = 57Total number of members transferred = 15,935Total compensation paid to date = £23,634,229Average yearly payment per person = £4,700Schemes that have completed assessment outside PPF = 18

Further Information

Total number of schemes transferred = 57
Total number of members transferred = 15,935
Total compensation paid to date = £23,634,229
Average yearly payment per person = £4,700
Schemes that have completed assessment outside PPF = 18