The PPF is pleased to present this video which showcases its performance during the 2017/18 financial year. Despite taking on pension schemes from employers including Carillion, Toys R Us and Hoover, with deficits totalling £1.2 billion - the highest total value to date, the PPF has reported a robust performance.
Company: PPF Date added: 18-07-2018
Categories: Economic Outlook
Pension Protection Fund Pension Protection Fund
The Pension Protection Fund was established to pay compensation to members of eligible defined benefit pension schemes, when there is a qualifying insolvency event in relation to the employer and where there are insufficient assets in the pension scheme to cover Pension Protection Fund levels of compensation.