Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether she has made a recent assessment of the potential merits of increasing the 2.5 per cent cap on inflationary increases on compensation payments from the Pension Protection Fund for payments after 6 April 1997.

While all legislation is kept under review as a matter of course, there are currently no plans to review the PPF indexation rules, or indeed the wider legislation to which they relate. The Secretary of State has therefore made no such assessment and does not intend to do so at this time.