PPF consolidator – Pension saviour or scheme cannibal?

Stephanie Hawthorne asks if a PPF consolidator will cannibalise the private sector or be a small scheme saviour?

clock • 9 min read
Proposals for a PPF-run public sector consolidator aim to help smaller schemes
Image:

Proposals for a PPF-run public sector consolidator aim to help smaller schemes

The Pension Protection Fund (PPF), one of the largest pension schemes in the UK, could be set to be a crucial part of a re-energised new British retirement landscape.

The DWP's Options for Defined Benefit Schemes consultation paper, published earlier this year, promotes the idea of a new PPF role as a public sector consolidator (PSC) to run on schemes. The hope ...

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 Defined Benefit

Partner Insight: UK risk settlement market – A look back over 2024

Partner Insight: UK risk settlement market – A look back over 2024

Martin Bird, Senior Partner & Head of Risk Settlement, Aon
clock 23 December 2024 • 4 min read
Is consolidation enhancing or eroding service provision to DB schemes?

Is consolidation enhancing or eroding service provision to DB schemes?

Assessing the benefits and shortcomings of industry consolidation

Donny Hay
clock 19 December 2024 • 4 min read
DB transfer values drop to a 12-month low in November, XPS finds

DB transfer values drop to a 12-month low in November, XPS finds

XPS says Transfer Activity Index has remained ‘broadly flat’ throughout 2024

Martin Richmond
clock 19 December 2024 • 1 min read
Trustpilot