'They know they're safe': How the PPF supports members

James Phillips speaks to Sara Protheroe about making a PPF transition a positive experience

James Phillips
clock • 12 min read
PPF chief customer officer Sara Protheroe
Image:

PPF chief customer officer Sara Protheroe

The Pension Protection Fund (PPF) is in a unique position in that it is an organisation that does not want more customers. Designed to be a last-resort fund for pension scheme members whose employers have gone bust, it would prefer, ultimately, if those members got their benefits without any disruption.

But, when those members are transferred to the PPF upon insolvency, it is more important than ever that they get excellent service and all the information they need to make them feel comfortable in...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

More on Defined Benefit

DB transfer values drop to lowest month-end since 2018, XPS finds

DB transfer values drop to lowest month-end since 2018, XPS finds

Consultancy says its Transfer Value Index saw ‘significant decline’ in final quarter of 2024

Holly Roach
clock 23 January 2025 • 2 min read
LGPS funding level hits record 125% in Q4 2024

LGPS funding level hits record 125% in Q4 2024

Isio’s Low Risk Funding Index measures end of year surplus at £85bn with assets exceeding £415bn

Jasmine Urquhart
clock 15 January 2025 • 2 min read
Just Group records 36% increase in retirement income sales in 2024

Just Group records 36% increase in retirement income sales in 2024

Insurer says it completed a record 129 de-risking transactions throughout the year

Martin Richmond
clock 15 January 2025 • 2 min read
Trustpilot