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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.

How to appeal your score

You'll need to contact our insolvency risk partner if you want to appeal your scheme’s mean score, levy band and levy rate.

How to update the information we have about you

Make sure you give accurate and up-to-date information about your scheme to us, The Pensions Regulator and D&B.

2022/23 levy year

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.

Future of the Levy

We are developing our long-term approach to the levy in response to our new funding strategy

Frequently Asked Questions about the Pension Lifetime Allowance

Pension Lifetime Allowance� The lifetime allowance (LTA) is the limit on how much you can build up in pension benefits over your lifetime while still receiving full tax benefits. The LTA is currently set at �1,073,100; if your pension pots go over the allowance, you�ll usually pay a charge.� Now the compensation cap is being removed; some members may be liable to pay a lifetime allowance charge on their PPF benefits.�

Responsible investment

Learn more about our approach to responsible and sustainable investment