PPF DC Style

Kevin Burge

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One idea coming from the Pensions Minister’s think tank is that a “PPF” style fund is set up to protect DC schemes with the levy falling on the contributions.

It is far too early to read too much into the idea but it is part of the overall concept that without guarantees of some sort the minister is obviously still concerned that the ordinary man or woman on the street will opt out of auto enrolment due to a general mistrust of anything associated with the word pensions.

It is vital that people do save for the future and anything that encourages people to save is to be welcomed.

Whether this is the right way to go only time will tell…

Kevin Burge

Post by Kevin Burge

An experienced pension consultant with specific expertise in Scheme terminations - PPF, FAS transfer and winding up.