Pension Protection Fund and Pension Protection Fund Ombudsman: Difference between pages

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''Pensions - UK''.
(PPFO). An individual appointed under UK pensions legislation to investigate any matters considered by the Board of the Pension Protection Fund (PPF), including complaints of maladministration and matters of law.  
 
(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 ==
== See also ==
* [[Financial Assistance Scheme]]
* [[Pension Protection Fund]]
* [[Fraud Compensation Fund]]
* [[Moral hazard]]
* [[Pension Benefit Guaranty Corporation]]
* [[Pension Protection Fund Ombudsman]]
* [[Pensions Regulator]]
 
[[Category:Manage_risks]]

Revision as of 14:11, 6 May 2013

(PPFO). An individual appointed under UK pensions legislation to investigate any matters considered by the Board of the Pension Protection Fund (PPF), including complaints of maladministration and matters of law.

See also