PMI RPC Practice Questions - PMI Retirement Provision Certificate (RPC) Exam

What is the primary role of the Pension Protection Fund (PPF)?

To authorise master trusts for automatic enrolment To set the new State Pension full rate each year To pay compensation to members of eligible defined benefit schemes when the employer becomes insolvent and the scheme cannot meet its liabilities To approve personal pension product literature

Correct Answer:

To pay compensation to members of eligible defined benefit schemes when the employer becomes insolvent and the scheme cannot meet its liabilities

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