Michelle Ostermann took the helm at the Pension Protection Fund (PPF) in April 2024, bringing a wealth of experience from senior roles in the Canadian pension system and as Managing Director at Railpen. She also chairs the International Centre for Pension Management, making her one of the most influential voices in global pension strategy.
For 20 years, the PPF has been a vital backstop for the UK’s defined benefit pensions market. Today, it manages £30bn in assets and supports over 400,000 members, maintaining a strong track record while investing significantly in UK growth assets.
In this episode, we explore: ✅ Lessons from the Canadian model and other global approaches
✅ How the UK can encourage investment in productive assets
✅ The PPF’s potential role in pension consolidation and the benefits of scale
✅ Why acting as an asset owner matters
✅ The case for higher contributions, improved performance, and incorporating debt within pension funds
Listen to the full conversation below.
