Business Details
21 Years
experience
Your Pension Protection Specialists
Established to safeguard the interests of pension scheme members, we serve as a critical safety net for defined benefit pension schemes across the United Kingdom. Our organisation ensures financial security for over 289,000 members by managing assets worth 31 billion, providing protection when employers become insolvent. With two decades of operational experience, we combine regulatory expertise with responsible investment strategies to maintain long-term financial sustainability.Our governance framework incorporates transparency, stakeholder engagement, and compliance with statutory obligations, while our levy system ensures equitable funding from eligible pension schemes. Through continuous improvement initiatives and digital innovation, we strive to enhance service delivery while maintaining public trust in our statutory mandate.
Services
Pension Scheme Assessment
Levy Calculation
Insolvency Protection
Asset Management
Member Compensation
Scheme Governance
Risk Evaluation
Benefit Guarantee
Details
- Year established: 2005
Highlights and features
- We protect 289,000 pension scheme members across the UK
- Our 31 billion asset management ensures long-term security
- 20 years of statutory experience in pension protection
- We operate under strict regulatory and governance frameworks
- Our levy system ensures equitable funding from eligible schemes
What people say
Secure pension protection
Transparent operations
Reliable financial management
Services
Pension Scheme Assessment
We conduct comprehensive assessments of defined benefit pension schemes to determine eligibility for protection. Our evaluation process examines scheme funding, employer solvency, and regulatory compliance. This service ensures timely intervention when employers face financial distress, protecting members' benefits through statutory assessment procedures.
Levy Calculation
Our levy system calculates annual contributions from eligible pension schemes based on risk assessments and insolvency probabilities. The methodology incorporates actuarial analysis and financial modeling to ensure equitable funding. This service maintains our financial sustainability while minimising burden on contributing schemes through transparent calculation frameworks.
Insolvency Protection
We provide financial protection when employers sponsoring defined benefit schemes become insolvent. Our service guarantees continued pension payments up to statutory limits, managing the transition from employer-funded schemes to our protection framework. This includes assessing insolvency notices and implementing compensation arrangements for affected members.
People
Sara Protheroe
Chief Customer Officer
With extensive experience in customer service transformation, Sara leads our member engagement initiatives. She oversees service improvements through direct member feedback and digital innovation, ensuring our operations meet the needs of pension scheme members.
Questions
What happens if my employer becomes insolvent?
We provide financial protection for your defined benefit pension, guaranteeing payments up to statutory limits through our statutory assessment process.
How is the levy calculated?
Levy amounts are determined by scheme-specific risk assessments, insolvency probabilities, and funding requirements, ensuring equitable contributions from eligible schemes.
Can I track my pension payments?
Registered members can access payment information through our secure member website, with detailed statements available upon request.
How do I report a bereavement?
Use our online bereavement notification form or contact our dedicated helpline to report a member's passing, with support available through the Tell Us Once service.
What investment principles guide your operations?
We follow responsible investment strategies focusing on long-term sustainability, with asset allocation designed to ensure financial security for current and future members.
Videos
Reviews (6)
Akinnawo Omolola Preciouskenny
Dec 23, 2021
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From my own personal experience I can tell you that Mrs George Stephanie is one of the best binary options/forex manager I have met in a while on Facebook here, I had lost over $3000 on the advice of managers who have little to no experience. Today I remain grateful to mrs George Stephanie for coming through for me during my early days of trials… and errors. If you’re new to binary and forex options and you’re already giving up, take my advice. Don’t loose your hard earned money unnecessarily. Reach out to a professional team today. Do remember to mention me as your referral
Kevin Nolan
Jul 09, 2021
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Thanks for your help today Ben Can now plan my retirement in six months Really appreciate your time helping me with the figures Kind Regards Mr Nolan
David Flanagan
Oct 22, 2020
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We used the Target Professional (MypensionID) App. To annually verify Id. Working in IT having used hundreds of Apps, the MypensionID App is the worst I have ever used. It's inability to take a photo or scan a document renders the App almost useless. I understand the photo needs to be in focus so you may not want the user to press a button to… take the photo. But it has taken us over 90 minutes to complete what should be a 3 minute process. Your reference when taking a photo to cannot detect "liveness' for people who are elderly, in this case a 91 year old. Tells me you don't know what you
Sue Whitbread
Jan 07, 2020
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Thank you to all at the Fund and for the prompt replies to any enquiries we, as members, may have. An easy-to-navigate website, all round excellence! ... 🤗
Theresa Stockman
Nov 16, 2018
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They are paying me my pension, from a company that went under, after 37 years service I thought my future income was poor. But I claimed my pension this year and was overwhelmed by the lump sum + monthly payments I am entitled too. Very helpful people on phone. Excellent service. Thank you Ppf for making my future secure.
Pete Lock
Nov 07, 2018
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This fund protected a pension I had from a previous employer who went into receivership. This extra funding meant I could take my works pension and retire when I was made redundant after 29 years.
