Pension Protection Fund
The Pensions Act 2004 established the Pension Protection Fund (PPF) to protect members of private sector defined benefit schemes whose firms become insolvent with insufficient funds in their pension scheme.
The PPF is a statutory fund run by the Board of the Pension Protection Fund, a statutory corporation established under the provisions of the Pensions Act 2004. The PPF became operational on 6 April 2005.
For further details about the fund and how it works, please visit the Pension Protection Fund website.