Welcome to the Fraud Compensation FundWe pay compensation to occupational pension schemes whose scheme assets have been reduced due to an offence involving dishonesty.Who we are Apply for compensationWe consider applications in line with legislation. Find out if your scheme is eligible.How to applyHow we’re fundedWe’re funded by a levy on eligible pension schemes.Find out moreNews 28.07.2022 | By News Editor DWP consult on proposed changes to FCF regulations Take part in a new consultation on allowing us to make interim payments to schemes with exhausted assets. 10.03.2022 | By FCF Team FCF levy for 2022/23 confirmed The Department for Work and Pensions (DWP) has today announced the Fraud Compensation Fund (FCF) annual levy. 01.11.2021 | By News Editor DWP consults on FCF levy from 2022/23The Department for Work and Pensions (DWP) has launched a consultation on the future rate of the FCF levy. 21.10.2021 | By News Editor Compensation (LCF & FCF) Bill gets Royal AssentParliament has approved legislation to allow the Department for Work and Pensions to give us a loan. 28.06.2021 | By News Editor Fraud Compensation Fund eligibility criteria confirmedIn a ruling on 6 November 2020, the High Court clarified how the legislation governing the FCF should be interpreted. 28.06.2021 | By News Editor Fraud Compensation Fund levy for 2021/22 confirmedLast November a court ruling clarified that occupational pension schemes set up as part of a scam were eligible to claim on the Fraud Compensation Fund (FCF).Publications FCF statement of investment principlesRead how the Fraud Compensation Fund is invested Download PPF annual report and accountsThe Board of the Pension Protection Fund reports on the Fraud Compensation Fund in its annual report and accounts. Download