News
PPF surplus rises to £263.8bn as asset and liability values increase
The funding ratio stayed at 131.2% and total scheme assets rose by 2.0% to £1,109.6bn, while total liabilities also went up 2.0% to £845.8bn.
PPF
News
DWP appoints new chair of Pension Protection Fund
DWP appointed Joanne Segars OBE as the new chair of the Pension Protection Fund (PPF), starting 1st July 2026.
Pensions & Retirement
PPF surplus falls by £9.9bn in April despite higher funding ratio
Total scheme assets dropped by 4.8% to £1,105.0bn, while total scheme liabilities were down 5.2% to £841.2bn.
News
PPF reports rise in senior diversity and narrowing gender pay gap
The report found that the gender pay gap narrowed over the year, and female representation in senior management went above the 50% target.
News
Pension scheme surpluses up in February, volatility remains – PPF
The Pension Protection Fund (PPF) 7800 index showed the aggregate surplus rose by £8.1bn to £273.7bn.
News
PPF confirms zero levy for conventional DB schemes in 2026/27
The final rules for the 2026/27 levy will be published next month.
News
Defined benefit pension schemes reach £265.6bn surplus – PPF
The Pension Protection Fund (PPF) 7800 Index figures for February 2026 showed a £265.6bn surplus, up by £5.9bn from the previous month.
News
Number of DB pension schemes falls as funding stays strong – PPF
The number of PPF-eligible schemes fell from 4,974 to 4,840, with membership dropping from 8.8 million to 8.6 million.
Pensions & Retirement
Autumn Budget 2025: Government to index Pension Protection Fund and Financial Assistance Scheme pensions for inflation
Reeves said: “I will index for inflation on pensions accrued before 1997 in the PPF and the FAS, so that people are not left worse off by inflation.”
Pensions & Retirement
PPF scraps levy for 2025/26, saving pension schemes over £45m
The board said it will update on levy plans for 2026/27 once the Pension Schemes Bill has completed its passage.
News
DB pension scheme surplus drops as funding ratio improves – PPF
Assets dropped to £1,090.5bn, a decrease of 1.9%, while liabilities fell by 2.2% to £851.6bn.