Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Covid antiviral drug linked to ‘transmissible’ mutations, research finds
    • Russia dodges G7 price cap sanctions on most of its oil exports
    • Greek leftists elect former Goldman Sachs associate as leader
    • A ‘milestone’ moment: why economists think the global cycle of rate rises is over
    • Lawmakers warn that US is heading for shutdown as budget talks stall
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Senior Nomura banker barred from leaving mainland China
      • ‘Get off the train’: Citi’s Jane Fraser sends tough message on big overhaul
      • Lego ditches oil-free brick in sustainability setback
      • Big Four accountancy firms shed UK staff after pandemic hiring boom
      • Western companies take slow steps towards China ‘de-risking’
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Live news: Indicted US Senator Robert Menendez ignores calls to resign
      • Russia dodges G7 price cap sanctions on most of its oil exports
      • US Treasuries sell off as investors fret over long period of high rates
      • UK to delay implementing global banking reforms
      • Deutsche Bank’s DWS to pay $25mn to settle SEC probes
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Models can mislead us on the impact of global trade
      • How the US is crushing Europe’s domestic exchanges
      • America’s mini economic miracle may be fleeting
      • Why has Leeds, birthplace of the tram, ground to a halt?
      • US Republicans could finally win the argument on immigration
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Paternity leave in finance: ‘The more men do it, the less of a big deal it becomes’
      • The activist sued by Elon Musk: ‘We have to show we will not be cowed’
      • Success is more complicated than one exceptional individual
      • What Burberry taught me about the marketed mind
      • FT Business Books — what to read this month
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • Raffles London and the new era of super-luxe hospitality
      • The best museum gift shops in the world
      • Game, set, matched – when David Shrigley met Andy Murray
      • The generation divide in British chess 
      • Anna Wintour: ‘I just have to make sure things are being done right’
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Pension Protection Fund

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • Tuesday, 19 September, 2023
      Employers call for changes to UK pension lifeboat levy

      Backlash from business as Pension Protection Fund’s reserves swell to more than £12bn

    • Tuesday, 19 September, 2023
      Who’s going to backstop a UK public sector pensions superfund?

      Protector, protect thyself

    • Wednesday, 13 September, 2023
      Pension consolidation for the nation

      PPF makes a play for the throne

    • Tuesday, 5 September, 2023
      UK politics
      Pension Protection Fund pushes for new remit to boost UK investment

      Statutory public corporation says its role should be expanded so that it can manage healthy defined benefit schemes

      People walk over London Bridge
    • Thursday, 13 July, 2023
      UK employers’ insurance levy payments to fall as pension rescue scheme prospers

      Pension Protection Fund reserves exceed shortfall of the plans it protects for the first time

      Private pension pay advice slips
    • Friday, 2 June, 2023
      UK’s pension lifeboat fund slashes equity allocation

      Investment chief concerned by ‘stickiness of inflation’ and prefers infrastructure and forestry

    • Thursday, 25 May, 2023
      UK economy
      Ministers look at reshaping pensions lifeboat fund to give boost to business

      Government examines sweeping change to role of Pension Protection Fund to unlock billions for investment

    • Monday, 1 May, 2023
      Pensions industry
      UK employers push to cut pension scheme payments after rates windfall

      Contributions seen as unnecessary with many retirement plans seeing unexpected surplus

      Pound coins and a ‘pension fund’ dictionary entry
    • Wednesday, 14 December, 2022
      UK financial regulation
      UK’s Pensions Regulator taken to task on preparation for gilts crisis

      Shortcomings exposed when yields soared while lifeboat scheme was much better organised

      Evan Guppy speaking at the Work and Pensions Committee
    • Wednesday, 5 October, 2022
      UK pensions lifeboat faced £1.6bn cash call during market turmoil

      LDI strategies threatened to unravel after Kwarteng’s mini-Budget tax cut hit gilt prices

    • Monday, 16 May, 2022
      Pension lifeboat fund rules leave 83,000 with no cover for rising UK inflation

      Ministers urged to review PPF policy for elderly members exposed to cost of living crisis

      Pensioners on Eastbourne seafront
    • Monday, 25 October, 2021
      Pension Protection Fund faces calls to stop levy as reserves hit £9bn

      Questions over whether UK retirement lifeboat should hand back cash after strong investment returns

    • Friday, 4 December, 2020
      Ros Altmann
      Pension scheme members must keep calm in the face of Arcadia shock

      Employees of failing companies should not transfer out of defined benefit funds but trust PPF umbrella

    • Monday, 16 November, 2020
      KPMG UK
      KPMG ‘helped’ buyout fund dump £100m Silentnight pensions liabilities

      UK accounting watchdog alleges conflict of interest in arranging sale of bedmaker to HIG

    • Tuesday, 29 September, 2020
      Covid set to push up UK pension levy costs, warns PPF

      Rising insolvencies likely to add to burden for employers, says lifeboat scheme

      Commuters wearing face masks wait for a train
    • Friday, 26 June, 2020
      Q&APersonal pensions
      Q&A: High earners in line for payouts after court ruling

      Pension Protection Fund’s cap on retirement benefits ruled unlawful

    • Monday, 22 June, 2020
      Compensation cap on pension payments by lifeboat fund ruled unlawful

      UK pilots’ union Balpa wins case against PPF rules limiting payouts to younger members

    • Friday, 19 June, 2020
      UK economy
      Government caves in to pension concerns over insolvency changes

      Regulator and lifeboat fund to retain their influence over rescue talks after UK government backtracks on proposals to limit their role

    • Saturday, 13 June, 2020
      Pensions crisis
      Insolvency law shake-up will hurt UK pensioners, industry warns

      Sector says that emergency measures hand too much power to banks

    • Tuesday, 14 January, 2020
      Bhs Ltd
      Former BHS owner ordered to pay £9.5m into pension schemes

      Dominic Chappell battled for 3 years to have action quashed

      Former BHS owner Dominic Chappell arrives at the City of London Magistrates' Court accused of tax evasion and buying two yachts to launder money.
    • Friday, 20 December, 2019
      Pensions
      Pension Protection Fund rejects fears of funding crisis after ruling

      No change required in £620m levy to be paid by companies in 2020/21

      Mandatory Credit: Photo by JULIEN WARNAND/EPA-EFE/Shutterstock (10509433b) The main entrance to the European Court of Justice (ECJ) in Luxembourg, 19 December 2019. According to reports, ECJ has ruled that impriosned Catalan MEP-elect Oriol Junqueras should have been given immunity after he was elected as an MEP in May 2019. ECJ judgment in case of Junqueras, Luxembourg - 19 Dec 2019
    • Wednesday, 5 June, 2019
      LombardMatthew Vincent
      Sir Phil makes a pension pledge as watertight as a superyacht

      Seafaring knight sweetens offer to help keep Arcadia afloat

      File photo dated 17/09/17 of Sir Philip Green, who has been charged with four counts of misdemeanour assault in the US after a Pilates instructor alleged the Arcadia mogul repeatedly touched her inappropriately. PRESS ASSOCIATION Photo. Issue date: Friday May 31, 2019. Katie Surridge told police in Arizona that Sir Philip spanked and grabbed her backside during classes in the Canyon Ranch luxury resort in Tucson in 2016 and 2018. See PA story POLICE Green. Photo credit should read: Isabel Infantes/PA Wire
    • Thursday, 23 May, 2019
      LombardMatthew Vincent
      Sir Phil learns a pension lesson — but the regulator’s wise to it

      Voicing concern over Arcadia’s CVA shows TPR is longer being bullied in the schoolyard

      Burberry Prorsum Arrivals - LFW Autumn/Winter 2010...LONDON, ENGLAND - FEBRUARY 23: Tina Green and husband Sir Philip Green attend the Burberry Prorsum LFW Autumn/Winter 2010 Women?s wear show at the Parade Ground, Chelsea College of Art on February 23, 2010 in London, England. (Photo by Ian Gavan/Getty Images for Burberry)
    • Wednesday, 1 May, 2019
      Workplace pensions
      Superfunds need robust regulation, says pensions lifeboat chief

      Industry safety net could be at risk without strict rules

      A trader looks at a screen at the Stock Exchange in Buenos Aires on April 25, 2019. - The Argentine peso depreciated 5,3% Thursday compared to the day before, reaching 47,30 pesos for each US dollar. (Photo by JUAN MABROMATA / AFP)JUAN MABROMATA/AFP/Getty Images
    • Monday, 11 March, 2019
      JPI Media Ltd
      Pensions Regulator drops probe into publisher Johnston Press

      Watchdog ends investigation into offloading of £300m in pension liabilities

      A newspaper stand with copies of the Edinburgh Evening News newspaper outside a newsagent's shop on the Royal Mile in Edinburgh. PRESS ASSOCIATION Photo. Picture date: Saturday November 17, 2018. Jobs and newspaper titles at Johnston Press, which owns The Scotsman and the Edinburgh Evening News, have been saved after the company was bought by creditors. See PA story MEDIA Johnston. Photo credit should read: Jane Barlow/PA Wire
    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

    Tools

    PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition

    Top sections

    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports

    FT recommends

    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • Visual and data journalism
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today’s Newspaper (FT Digital Edition)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In