Who pays for the Pension Protection Fund?
Who pays for the Pension Protection Fund?
Your employer will make contributions to your defined benefit pension scheme and is responsible for making sure there’s enough money at the time you retire to pay you a secure income for life. When you can start taking your pension depends on your pension scheme’s rules – it’s usually at the age of 55 at the earliest.
How does the Pension Protection Fund work?
The Pension Protection Fund (PPF) protects people with a defined benefit pension when an employer becomes insolvent. If the employer doesn’t have enough funds to pay you the pension they promised, the PPF will provide compensation instead.
Who are the partners of public pension capital?
Public Pension Capital is a middle-market private equity fund that invests in a select group of industries: Industrial Services, Business & Financial Services and Healthcare Services. The PPC team is led by former KKR partners Perry Golkin and Mike Tokarz.
Why do pension funds invest in public projects?
Public projects experience limitations due to budgets and the borrowing power of civil authorities. Private projects require large sums of money that are either expensive or difficult to raise. Pension plans can invest with a longer-term outlook and the ability to structure creative financing.
Who are the owners of PPC private equity?
The PPC team is led by former KKR partners Perry Golkin and Mike Tokarz. The principals of PPC have worked together for a combined 70+ years with a successful investment record over that time.
What does it mean to invest in private equity?
In its purest form, private equity represents managed pools of money invested in the equity of privately-held companies with the intention of eventually selling the investments for substantial gains. Private-equity fund managers charge high fees based on promises of above-market returns.
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