The Pension Protection Fund (PPF) compensation cap will rise by £1,014 from April, the lifeboat fund has confirmed.
The ceiling will be lifted from £39,006 to £40,020 for deferred members who retire at age 65, and whose schemes had previously been absorbed by the PPF following an employer insolvency. The bene...
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