Tag Archives: ppf

Is DWP shooting its own regulator in the foot

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

    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?

  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

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?

  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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Time for PPF to lose its pocket money?

Imagine running a business where you can’t stop charging your customers and your customers can’t stop paying you. That’s the Pension Protection Fund,  a public corporation, set up by the Pensions Act 2004,  that has been protecting members of eligible … Continue reading

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Should the PPF be the consolidator of last resort?

Should the PPF be more than a lifeboat? There is nothing new about calling for the PPF to be more than a “lifeboat”. It is a Government pension success story and has delivered on its objectives to provide security to … Continue reading

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A pension surplus is of little use to an employer – it should stay that way!

  This is how the DWP introduces the question of surplus funding  in its consultation on options for defined benefit schemes. Incentives for employers to invest for surplus are currently quite weak. Employers have little to gain from any surplus, … Continue reading

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Should the PPF become the consolidator of last resort?

I have twice blogged on the DWP consultation on DB consolidation and will continue to do so, mainly because this is a matter of importance but mainly because I suspect I will approach this rather differently from those directly involved … Continue reading

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Uncertainty for Wilko and the Wilkinson pensioners

Yesterday Wilko finally went into administration and that means an uncertain future for Wilkinson’s  pensioners, deferred pensioners and the bulk of Wilko’s current workforce who are members of the People’s Pension. At one point, pension liabilities were in excess of … Continue reading

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