The Pension Protection Fund (PPF) is a safety net for members of defined benefit pension schemes who previously would have lost their benefits when their employer went insolvent.

While the PPF provides a level of security for pension scheme members, one of its sources of funding, the PPF levy, can be a very large expense for companies. 

This site provides employers and trustees with a guide to the workings of the PPF, an explanation of the way levies are calculated, and also provides practical advice in relation to managing the size of the PPF levy.