What are the important points for Pension Protection Fund?by Vidit Agarwal Marketing Director
The PPF (Pension Protection Fund) was established on 6 April 2005 under the Pension Act 2004 and is independent from the UK Government to protect employees who had defined benefits in a workplace pension scheme. The PPF is a scheme set up by the Government-sponsored lifeboat to protect the define benefits of members. The scheme of pension can apply if meet the PPF rules of PPF compensation. If a pension scheme applies for the PPF compensation, this time frame is known as the 'assessment period'.
It may be you have one or more than one types of pension, but it’s important for you to understand which will be better to make as you approach at the time of retirement. There are different types of pension for example:
- The State Pension
- Defined contribution pensions.
- Defined benefit pensions
Contact for PPF (Pension Protection Fund):
You can explore these write ups for more information - whose final salary schemes have collapsed - and how it works.
- Pension Protection Fund – 14 Important Points For Pensioners
- Pension Protection Fund – FAQ – 10 Points to Know Pension
- Protection Fund to Cover Pensioners from Carillion’s Liquidation
Created on May 14th 2018 05:24. Viewed 159 times.