Pension Protection Fund
(asked on 25th April 2016) - View Source
Question to the Department for Work and Pensions:
To ask Her Majesty’s Government whether they will review the financial strength of the Pension Protection Fund.
This question was answered on 28th April 2016
The Pension Protection Fund is run by an independent Board and reviews its financial position regularly. It manages over £23 billion of assets and, in the 2014/15 Annual Report, the last published, declared a funding ratio of 115.1 per cent and a surplus of £3.6 billion.