It's our duty to protect people with a defined benefit pension when an employer becomes insolvent. We manage 36 billion of assets for our 276,000 members. When the sponsoring employer of a scheme becomes insolvent, insolvency practitioners need to submit an s120 within 14 days. Find out more information about insolvency risk scores, contingent assets and levy rules for 2021/22.
Every year we publish the pensions universe risk profile - the most comprehensive data and analysis of the UK defined benefit pension landscape. They supported our approach to increasing payments to PPF and. As with all defined benefit pension schemes, we use factors to calculate your PPF benefits to make sure we're paying you your correct pension, whether you want to retire before.
Every year we publish the pensions universe risk profile - the most comprehensive data and analysis of the UK defined benefit pension landscape. They supported our approach to increasing payments to PPF and. As with all defined benefit pension schemes, we use factors to calculate your PPF benefits to make sure we're paying you your correct pension, whether you want to retire before.
Services
We protect millions of people throughout the United Kingdom who are members of defined benefit pension schemes, to make sure that they'll be looked after if the scheme they've paid into fails. Over 230,000 people receive pension benefits from us and many more are likely to in the future. As well as collecting levies, we help fund ourselves by investing income and managing assets.
We're a statutory public corporation led by our board and accountable to Parliament through the Secretary of State for the Department for Work and Pensions. It's our duty to protect people with an eligible defined benefit pension when an employer becomes insolvent. We're also proud of our people, all of whom are committed to our mission and to serving over 270,000 members.
We protect millions of people who belong to defined benefit pension schemes in the UK and pay pension benefits to over 270,000 people. Our mission is to pay the right people the right amount at the right time, underpinned by our Icare values. Here you'll be able to find the full list of schemes we now look after and those we're assessing.
Our Board helps hold us accountable and makes sure we meet our aims now and in the future. It also performs some functions given to it by law, such as setting a levy on pension schemes. While the Secretary of State for Work and Pensions appoints the Chairman, our other members are appointed by the Board.
Led by the CEO, our Executive Committee are responsible for the day-to-day running of the organisation. Recommending financial plans and budgets to the Board and setting out how they can be achieved. Statements of responsibilities of our senior managers and how they fit with our overall governance and management arrangements.
Reviews (6)
Akinnawo Omolola Preciouskenny
Dec 23, 2021
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From my own personal experience I can tell you that Mrs George Stephanie is one of the best binary options/forex manager I have met in a while on Facebook here, I had lost over $3000 on the advice of managers who have little to no experience. Today I remain grateful to mrs George Stephanie for coming through for me during my early days of trials… and errors. If you’re new to binary and forex options and you’re already giving up, take my advice. Don’t loose your hard earned money unnecessarily. Reach out to a professional team today. Do remember to mention me as your referral
Kevin Nolan
Jul 09, 2021
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David Flanagan
Oct 22, 2020
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We used the Target Professional (MypensionID) App. To annually verify Id.
Working in IT having used hundreds of Apps, the MypensionID App is the worst I have ever used. It's inability to take a photo or scan a document renders the App almost useless. I understand the photo needs to be in focus so you may not want the user to press a button to… take the photo. But it has taken us over 90 minutes to complete what should be a 3 minute process.
Your reference when taking a photo to cannot detect "liveness' for people who are elderly, in this case a 91 year old. Tells me you don't know what you
Working in IT having used hundreds of Apps, the MypensionID App is the worst I have ever used. It's inability to take a photo or scan a document renders the App almost useless. I understand the photo needs to be in focus so you may not want the user to press a button to… take the photo. But it has taken us over 90 minutes to complete what should be a 3 minute process.
Your reference when taking a photo to cannot detect "liveness' for people who are elderly, in this case a 91 year old. Tells me you don't know what you
Sue Whitbread
Jan 07, 2020
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Theresa Stockman
Nov 16, 2018
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They are paying me my pension, from a company that went under, after 37 years service I thought my future income was poor. But I claimed my pension this year and was overwhelmed by the lump sum + monthly payments I am entitled too. Very helpful people on phone. Excellent service. Thank you Ppf for making my future secure.
Pete Lock
Nov 07, 2018
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