Tag Archives: ppf

PPF considered “actuarial with the truth” (Keating/Clacher)

Posted on November 27, 2023 by henry tapper

At nearly 17,000 words this blog is a quarter of a way to being a book. But it is an important piece of work and has become more important since HMT have published plans to repurpose the PPF as a … Continue reading →

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Voices from pensions past that the PPF should not forget

Posted on November 11, 2023 by henry tapper

Last Wednesday was a day for vetera campaigners for the rights of those stripped of their pension benefits could remind the Work and Pensions Committee that for all of the success of the PPF, the pre 1997 rights of those … Continue reading →

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“Not my Government” – discontent over pension policy meltdown

Posted on November 9, 2023 by henry tapper

The consensus from people I have spoken to , following the King’s Speech is that the Government we have today has lost its legitimacy and is increasingly looking like a marketing tool for the Conservative party at the next general … Continue reading →

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WTW asks “why is the PPF proposing to charge £100m of levies in 2024/25?”

Posted on November 7, 2023 by henry tapper

  My good friends Jo Shepard and David Robbins have clubbed up to write a blog on the PPF levy which I shamelessly re-blog without amendment – as I agree and cannot aspire to improving what they write in any … Continue reading →

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Government bags pension windfalls from “bad banks”.

Posted on October 22, 2023 by henry tapper

  The FT is running a story about the Government  snaffling a £100m surplus as it takes the assets and liabilities of the Bradford and Bingley and Northern Rock (BBB) defined benefit schemes onto its balance sheet. UK Asset Resolution … Continue reading →

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Is DWP shooting its own regulator in the foot

Posted on October 7, 2023 by henry tapper

There are two “levies” that matter to occupational schemes. There’s the PPF levy which is still being charged to provide a safety net , despite that safety net being self supporting and largely irrelevant to most DB schemes. Then there’s … Continue reading →

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How will the PPF fare playing away? Join us at 10.30 to see

Posted on October 3, 2023 by henry tapper

    A senior DWP official once described Nest to me as “the home team”. I guess they must feel the same way about the Pension Protection Fund. Both Nest and the PPF are hugely successful in fulfilling their briefs  … Continue reading →

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Should the PPF be a foster parent to healthy pensions?

Posted on September 30, 2023 by henry tapper

  Anyone in a DB pension scheme has a dependency on their employer to sponsor their scheme. It’s the dependency  a child has  on their parents who are needed  to nurture them to maturity. But some parents have to or … Continue reading →

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Small beer; Keating and Clacher take a sober look at the PPF

Posted on September 23, 2023 by henry tapper

Anyone who struggles to pay attention to pensions should read no further. There are close to 10,000 words in this article and some very deep thinking. I publish it because we have a couple of debates coming up on the … Continue reading →

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The PPF – a victim of excess tenderness?

Posted on September 20, 2023 by henry tapper

  The FT sees a backlash from business as Pension Protection Fund’s reserves swell to more than £12bn.  The PPF is consulting on halving its levy from £200m to £100m pa, but many are saying this is too little and … Continue reading →

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