Members could lose £1,000 a month from delayed PPF cap increase

Michael Klimes
clock • 2 min read

Some people could face losses in excess of £1,000 per month due to delays in increasing the Pension Protection Fund's (PPF) compensation cap, according to estimates.

The figure is based on a freedom of information (FOI) request by the trade union Prospect, seen by PP exclusively. Prospect's pension officer Neil Walsh wanted to find out how many members are a...

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 Law and Regulation

DWP publishes response to pension transfer regulations consultation

DWP publishes response to pension transfer regulations consultation

Government says it will lay regulations with changes intended to come into force in April 2027

Martin Richmond
clock 04 November 2026 • 4 min read
FRC launches reviews into pension illustration assumptions

FRC launches reviews into pension illustration assumptions

FRC looks for feedback on illustration assumptions and development of new standards

Jonathan Stapleton
clock 03 November 2026 • 2 min read
DWP launches consultation on retirement-CDC draft regulations

DWP launches consultation on retirement-CDC draft regulations

Access to collective retirement schemes will be through guided retirement framework

Martin Richmond
clock 03 November 2026 • 6 min read
Trustpilot