Member

My noble friend Lord Davies touched on the PPF’s investment strategy. The PPF deliberately operates a low-risk investment strategy to maintain financial resilience and to give a high level of security to current and future members, so it has its assets in two portfolios: a matching portfolio, which manages the risk of changing interest and inflation rates, and a growth portfolio, which is mainly focused on protecting the fund’s longevity and claims reserves. In essence, these reflect the funding requirements of current and future members.