Department for Work and Pensions written question – answered at on 19 February 2026.
Baroness Altmann
Conservative
To ask His Majesty's Government whether a company that has entered the Pension Protection Fund can be extracted from the Pension Protection Fund, on payment of sufficient funds to cover the future Pension Protection Fund liabilities, if a new sponsoring employer is willing to underwrite the scheme and pay benefits above Pension Protection Fund level.
Baroness Sherlock
The Minister of State, Department for Work and Pensions
The Pension Protection Fund (PPF) does not permit transfers out because the PPF does not work as a segregated fund, where individual schemes contributions are ringfenced.
Yes1 person thinks so
No0 people think not
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