PPF rules relaxed - a little

Following a 12-week consultation with the industry, the PPF board says three themes carried widespread support, two of which it intends to incorporate into its proposals. More specifically, special cash contributions made since the last scheme valuation will be counted towards recognition of the efforts companies are making to repair deficits, estimated at some £21bn, says the levy panel. Similarly, requests for more time to to submit details of the defined benefit schemes is being made available by the PPF, as the deadline for information is being moved back three months to 31 March ...