Respondents to the PPF’s recent levy consultation welcomed the introduction of the new services developed with Dun & Bradstreet with some small scale improvements
It�s calculated on the likelihood of your scheme being unable to pay out pensions due to insufficient funding, insolvency and the potential size of the claim that would be passed on to us. The amount of risk-based levy (RBL) you pay will be based on your annual s179 valuation information, following adjustment. It takes account of scheme funding, insolvency and investment risks.� If your scheme doesn't have a deficit then you won't have to pay the RBL.
In support of the consultation on the proposed changes to the levy rules for three year period starting 2018/19, PPF and Experian representatives participated in a number of live webinar broadcasts.
The Pension Protection Fund has today published its consultation document on its proposed levy rule for schemes without a substantive sponsor, for inclusion in the 2017/18 Levy Determination.
The Pension Protection Fund (PPF) has today (Thursday) launched a consultation outlining how it intends to develop the Pension Protection Levy for the next three year period, or triennium, starting in 2018/19. The consultation involves a detailed set of proposals together with supporting roadshows and webinars.
Levy rules for 2017/18 to remain largely unchanged for third year of the triennium
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