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What are contingent assets?
There are three types of contingent asset arrangements which - providing certain requirements are met - can reduce the amount of risk-based levy your scheme will pay.� Types of contingent assets Type A: Guarantees from a parent or group companyType B: Cash, UK real estate and securitiesType C: Letters of credit and bank guaranteesReceiving your invoice electronically
Keep track of your levy invoices more efficiently with paperless invoicing.How your levy has been calculated for 2018/19 and what’s changed
The levy scaling factor (LSF) has been reduced to 0.48 The scheme based levy remains at 0.000021 x unstressed liabilities The risk based levy cap has been reduced to 0.5% (0.005000) x unstressed liabilitiesHow to provide insolvency risk information
Our insolvency scoring partners calculate monthly insolvency risk scores for most scheme employers.Pension Protection Fund Levy Estimate 2018/19
Levy estimate for 2018/19 will be £550 million, 10 per cent lower than 2017/18 (£615 million)What are contingent assets?
Contingent assets are arrangements that can be put in place to support the level of scheme funding, particularly in the event of employer insolvency.The Pension Protection Fund updates on third levy triennium work
The Pension Protection Fund (PPF) has published an update on its plans for the third levy triennium starting in 2018.
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