Autumn Statement 23: PPF to be used as investment vehicle for smaller DB schemes

Chancellor announced his Autumn Statement today outlining a series of pensions measures

Holly Roach
clock • 2 min read
Autumn Statement 23: PPF to be used as investment vehicle for smaller DB schemes

The government will open the Pension Protection Fund (PPF) as an investment vehicle for smaller defined benefit (DB) schemes, chancellor Jeremy Hunt has confirmed.

In the Autumn Statement today (22 November), the chancellor confirmed the government is prioritising improving outcomes for pension fund savers. As such, he confirmed he will be "opening up the ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pi Partnership buys Align Pensions

Pi Partnership buys Align Pensions

‘Strategic’ move will help drive continued growth at the firm

Jonathan Stapleton
clock 08 May 2024 • 1 min read
Buzz: Are you supportive of TPR's latest corporate statement?

Buzz: Are you supportive of TPR's latest corporate statement?

TPR corporate statement, Labour’s pension policy and DB running costs

Professional Pensions
clock 08 May 2024 • 1 min read
Industry has 'a lot of work to do' on member engagement

Industry has 'a lot of work to do' on member engagement

Graeme Bold says industry will need to adjust member engagement based on demographics

Martin Richmond
clock 08 May 2024 • 4 min read
Trustpilot