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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

'Intense' competition driving 'unprecedented' buy-in pricing for DB schemes

LCP says record insurer capacity has exceeded short-term demand

Holly Roach
clock 09 June 2026 • 2 min read
PPF 7800 aggregate surplus rises by £5.3bn in May

PPF 7800 aggregate surplus rises by £5.3bn in May

Lifeboat fund’s index shows surplus increased to £263.8bn by the end of last month

Martin Richmond
clock 09 June 2026 • 4 min read
New PP research shows investment governance is under pressure

New PP research shows investment governance is under pressure

The Cost of Comfort: Rethinking Investment Governance in a New Era of Endgame

Professional Pensions
clock 09 June 2026 • 1 min read
Trustpilot