A question on #PensionFunds #Regulation tabled by Lord Agnew of Oulton on 23-06-2025 has been answered by Baroness Sherlock.

Heading: Pension Funds: Regulation
Question ID: 1815319
UIN: HL8678
House: Lords
Date tabled: 2025-06-23
Asking Member ID: 4689
Asking Member display name: Lord Agnew of Oulton
Asking Member handle:
Asking Member Twitter reference: Lord Agnew of Oulton
Member interest: false
Question text: To ask His Majesty's Government how many times since 2020 the Pension Protection Fund has had to replace an external fund manager for reasons of performance, governance failure, or credit downgrade and what the financial and administrative cost of each re
Is named day: false
Date of holding answer:
Date answered: 2025-07-03
Date answer corrected:
Is holding answer: false
Is correcting answer: false
Answering Member ID: 4147
Answering Member display name: Baroness Sherlock
Answering Member handle: MaeveSherlock
Answering Member Twitter reference: @MaeveSherlock
Correcting Member ID:
Correcting Member display name:
Correcting Member handle:
Correcting Member Twitter reference:
Answer text: The day-to-day fund management of Pension Protection Fund (PPF) assets is performed both by the Chief Investment Officer (with authority to delegate to an in-house team of investment professionals) and by reputable external professional fund managers (eac...
Original answer text:
Comparable answer text:
Answering body ID: 29
Answering body name: Department for Work and Pensions
Tweeted: true