Pension Protection Fund publishes strategic plan for 2025–28

The PPF has published its strategic plan for the period 2025–28, setting out how the organisation plans to meet its business objectives over the next three years.

The PPF said that it plans to deliver strong investment performance, maintain excellent service, and work with the Government and pensions industry to ensure greater financial security. As part of the strategy, it said that the “time is right” to review several key areas of its governing legislation, accepting that stakeholders want to see progress on governance of its levy and the levels of indexation it pays. 

The PPF intends to work with the Government to create a framework allowing for a zero levy but it also supports financial security by enabling the levy to be reintroduced in the unlikely event it becomes necessary.