Written Question·Department for Work and Pensions·UIN 95318
Financial Assistance Scheme and Pension Protection Fund: Index Linking
Tabled: 27 November 2025
Answered: 9 December 2025
Question
Neil Duncan-Jordan
Labour — Poole
To ask the Secretary of State for Work and Pensions, whether the Government will review the method used to apply CPI-linked increases in the PPF and FAS to pre-1997 accruals to ensure that compensation is proportionate to levels of historical losses.
Answer
Torsten BellThe 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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