Tag Archives: ppf

Michelle Ostermann – the PPF’s new CEO

Posted on April 25, 2024 by henry tapper

Here is how the PPF’s new CEO , Michelle Ostermann introduces herself on Linked in. I have over 30 years of pension investment and senior leadership experience. I am currently the CEO of the Pension Protection Fund and Chair of … Continue reading →

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The case for the PPF as a DB consolidator is far from proven

Posted on April 22, 2024 by henry tapper

The PPF is in confident mood in its response to the DWP’s Options for DB schemes consultation. More choice and capacity is needed in the Defined Benefit (DB) pension market to capitalise on improved scheme funding – evidence shows market … Continue reading →

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More “old-timer” wisdom from my senior correspondents

Posted on February 3, 2024 by henry tapper

The wisdom of my peers comes in many guises. The image above was sent me last night on WhatsApp by an “old-timer”. Yesterday, I published the grumpy thoughts of one of my elderly friends who thought it hilarious that I … Continue reading →

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Why do our wages build a war-chest for the PPF?

Posted on December 16, 2023 by henry tapper

A long-time friend hits the nail on the head in an FT article on the PPF levy. This is very precise thinking. “The PPF is requiring employers — who typically pick up the cost of levies — to hand over … Continue reading →

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Is the war on pension funding being “won badly”?

Posted on December 9, 2023 by henry tapper

 The PPF’s purple book for 2023 is out. The PPF tells us This publication tracks trends in DB scheme funding, demographics, asset allocation, and more. It also gives us, the PPF, an in-depth understanding of the risks we face from … Continue reading →

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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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