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pension protection fund


The Pension Protection Fund (PPF) is a statutory public corporation led by our board and accountable to Parliament through the Secretary of State for the Department for Work and Pensions. In a nutshell, it’s our role to protect people with an eligible defined benefit pension when an employer becomes insolvent and can’t afford to pay what they promised.

Since we opened our doors in 2005, we now look after almost 250, 000 members and have over 400 talented employees. Our multi-award-winning organisation has been recognised for our outstanding customer service and excellence in the finance and investment industries.


Our multi award-winning investment team in have a proven track record of developing and growing talent. They manage our members' funding under the guidance and stewardship of the Board and our Investment Committee.

Responsible Investment (RI) is a key area for us, and our RI strategy aims to enhance the long-term value of our investments by managing environmental, social and governance (ESG) risks. By adopting and encouraging responsible practices, we can protect our investments, better serve our members and provide value to levy payers.

Our Liability Driven Investments (LDI) strategy is also a vital part of our approach to risk management because it protects us from the impact of changes to interest-rates and inflation, helping to ensure that we have enough money to pay our members. We currently have 36.1 billion assets under management.


We believe that the PPF is an empowering, rewarding and progressive place to work. We encourage employees to be themselves, ensuring we value and respect each other’s differences. With a strong focus on diversity and inclusion in all we do, we aim to be an employer of choice for everyone. 86% of staff say they would recommend the PPF to their friends and family as a great place to work.

In 2019, we were named Apprentice Employer of the Year at the Croydon Business Excellence Awards and that’s something we’re really proud of. We also became an official signatory of the Business in the Community Race at Work Charter – a commitment to improve ethnic minority representation. In 2020, we were accredited as a Disability Confident Leader.

As well as having an office in the vibrant hub of Croydon, London’s Borough of Culture for 2023, employees have the choice to make the most of our flexible way of working. We believe in work-life balance and strive to make this attainable across the business. We also encourage you to take volunteering leave, join employee-led action groups and take up opportunities for personal development.


We want people who share our ICARE values:

Integrity: Doing the right thing

Collaboration: Working as one

Accountability: Owning our actions and their outcomes

Respect: Valuing every voice

Excellence: Being our best

If you’re looking for a challenging role within a business where you’ll get the support you need to develop your career, why not join us?

Find out more about the PPF.


  • Traineeship (Edinburgh)

    This programme is an excellent opportunity for school/college leavers to kick start their career in the industry. Based in Edinburgh.

  • Traineeship (London)

    This programme is an excellent opportunity for school/college leavers to kick start their career in the industry. Based in London.