Occupational Pensions: Private Sector

(asked on 7th March 2018) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, how many private sector final salary schemes have been declared failed in every year for which data is available.


Answered by
Guy Opperman Portrait
Guy Opperman
This question was answered on 12th March 2018

Following a qualifying employer insolvency event, a pension scheme undergoes a Pension Protection Fund ‘assessment period’, where the Pension Protection Fund determine whether it must assume responsibility for the scheme.

The table below lists the number of pension schemes that went into a Pension Protection Fund ‘assessment period’ in the last 12 years.

Year

Number of Schemes that entered PPF assessment

2005-06

73

2006-07

160

2007-08

118

2008-09

136

2009-10

135

2010-11

170

2011-12

129

2012-13

101

2013-14

100

2014-15

58

2015-16

47

2016-17

46

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