Today we’ve announced that our levy estimate for 2025/26 will be reduced and included a new provision in our rules to allow our Board to review its approach if sufficient progress can be made on the changes needed to give us greater flexibility on setting the levy.
David Taylor, our Executive Director and General Counsel, whose responsibilities include Strategy, Policy, Legal and Levy, will be leaving the PPF at the end of the year.
We regularly update these factors to make sure that they’re actuarially equivalent, taking into account external influences, such as movements in financial markets and changes to life expectancy.
Under new legislation, restructuring professionals and insolvency practitioners must notify us and share documents relating to a moratorium or a restructuring plan if an eligible pension scheme is involved.
Pride is held in June each year to commemorate the riots held by members of the LGBTQ community against a police raid at the Stonewall Inn in New York City on June 28, 1969.
It’s critical for us to be a diverse and inclusive place of work at all levels. We believe this will improve our performance and support our strategic priorities.
Our previous article about implementing the European Court of Justice ruling gave you an overview of our interim approach to calculating any increases due and provided some illustrative examples of what it might mean in practice for members.
Today we’ve published our 2019/20 annual report and accounts outlining how we performed over the last year. For the first time, we’ve published an online version to make it more accessible.
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