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.
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 |