Invoices for this levy year will be issued in autumn 2022. Find out more information about our insolvency risk partner D&B, and how you can help shape our levy rules here.
In 2018, the Court of Justice of the European Union (ECJ or CJEU) ruled in the Hampshire case that individual members of pension schemes should receive at least 50 per cent of the value of their accrued pension benefits in the event of employer insolvency. In May 2020 the Administrative Court heard a challenge brought against us by a number of members to the way we�re implementing the ECJ�s Hampshire ruling, and to the lawfulness of the PPF compensation cap.�
Last year the government introduced legislation that requires companies employing more than 250 people to publish information about their gender pay and bonus gaps annually.
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Today, the Work and Pensions Select Committee (WPSC) published the response by the Department for Work and Pensions (DWP) to their report on defined benefit pension schemes.
It's our duty to protect people with a defined benefit pension when an employer becomes insolvent. We manage £32 billion of assets for our 292,000 members.
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