PPF mulls levy cut as funding resilience improves

Lifeboat fund reports strong financial position in latest annual report and accounts

Jonathan Stapleton
clock • 3 min read
PPF chief executive Oliver Morley
Image:

PPF chief executive Oliver Morley

The Pension Protection Fund (PPF) has increased its funding ratio to 137.9% and its reserves to £11.7bn.

The lifeboat fund's 2021/22 report and accounts - published yesterday (14 July) - said it had now achieved the five strategic priorities it set out in 2019 and had further improved its financial re...

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 Industry

The Pensions Commission: Key principles for progress

The Pensions Commission: Key principles for progress

Kathryn Fleming says commission must consider three core principles to test adequacy

Kathryn Fleming
clock 12 August 2025 • 3 min read
Buzz: Will run-on become a mainstream medium-term strategy for DB schemes?

Buzz: Will run-on become a mainstream medium-term strategy for DB schemes?

DB run-on, educating savers and key pensions issue causing concern

Professional Pensions
clock 12 August 2025 • 1 min read
News Digest: Labour to raid savings of workers who die before pension age

News Digest: Labour to raid savings of workers who die before pension age

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 12 August 2025 • 1 min read
Trustpilot