Pension Protection Fund

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Revision as of 14:13, 6 May 2013 by imported>Doug Williamson (Rewording to make it clearer)
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(PPF). An organisation set up by the UK government under pensions legislation to provide compensation to members of eligible pension schemes, when there are not enough assets in the pension scheme to cover the PPF level of compensation.

This is similar to the Pension Benefit Guaranty Corporation (PBGC) in the US.

The Pension Protection Fund is also responsible for the Fraud Compensation Fund.


See also