Written Question·Department for Work and Pensions·UIN 95316

Financial Assistance Scheme and Pension Protection Fund: Index Linking

Tabled: 27 November 2025
Answered: 9 December 2025

Question

Neil Duncan-Jordan

LabourPoole

To ask the Secretary of State for Work and Pensions, whether the Government has considered bringing forward the planned January 2027 implementation of CPI-linked increases for pre-1997 PPF and FAS accruals to ensure that members with limited life expectan

Answer

Torsten Bell
The Government has tabled an amendment which provides that compensation payments from the Pension Protection Fund (PPF) and Financial Assistance Scheme (FAS) on pensions built up before April 1997 will now be linked to CPI-inflation (capped at 2.5%) and a...

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