DWP seeks change to PPF compensation rules on transferred-in benefits

James Phillips
clock • 2 min read

The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.

The call for input comes after the High Court last year disagreed with the PPF Ombudsman that transferred-in benefits from an old employer to a new employer should be aggregated when calculating PP...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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