Pension Protection Fund
(asked on 4th February 2026) - View Source
Question to the Department for Work and Pensions:
To ask His Majesty's Government whether a company that has entered the Pension Protection Fund can be extracted from the Pension Protection Fund, on payment of sufficient funds to cover the future Pension Protection Fund liabilities, if a new sponsoring employer is willing to underwrite the scheme and pay benefits above Pension Protection Fund level.
This question was answered on 19th February 2026
The Pension Protection Fund (PPF) does not permit transfers out because the PPF does not work as a segregated fund, where individual schemes contributions are ringfenced.