PPF expects claims to fall

clock

The Pension Protection Fund (PPF) has cut its assumption for the liabilities it will have to take on annually in half over the last year.

The lifeboat fund's latest three-year strategic review, published today, revealed its one-year ahead expected claim amount had fallen from £1.8bn in 2013 to £800m this year. This was the result ...

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

More on Risk Reduction

Industry group launches bulk annuity sustainability collaboration

Industry group launches bulk annuity sustainability collaboration

Insurers, advisers and schemes launch initiative to streamline BPA survey processes

Jonathan Stapleton
clock 06 February 2025 • 4 min read
Five schemes secure buy-in deals with Just Group

Five schemes secure buy-in deals with Just Group

The transactions were completed last year and range in value from £2m to £17m

Holly Roach
clock 06 February 2025 • 2 min read
Utmost Life and Pensions partners with Mantle for support on BPA market entry

Utmost Life and Pensions partners with Mantle for support on BPA market entry

Partnership will see Mantle provide ‘end-to-end’ support throughout the risk transfer process

Martin Richmond
clock 05 February 2025 • 2 min read
Trustpilot