The Pension Protection Fund (PPF) has amended proposals to its levy which include an extension to the deadline for scheme valuations and revising parts of the risk-based calculation.
Finalised contingent asset certification and guidance has now been added to the website of the Pension Protection Fund.
The Pension Protection Fund (PPF) is planning to hold a series of workshops around the country to answer questions on the risk based levy.
Contingent assets, such as parent group guarantees, will be taken into account by the Pension Protection Fund when calculating a company's risk based levy.
CASH-STRAPPED companies will be able to reduce their payments to the Government's pensions lifeboat in return for promising their headquarters to their final salary scheme, according to the Times .
Regulations governing the Pension Protection Fund (PPF) have been released for consultation by the Department for Work and Pensions (DWP).
A detailed summary of how Dun and Bradstreet's failure score is calculated has been added to the Pension Protection Fund's (PPF) website.
Companies with final-salary pension schemes have been given a little breathing room by the Pension Protection Fund, under details of the risk-based levy for the fiscal year 2006/2007 announced this morning.
The National Association of Pension Funds (NAPF) wants the compensation costs of failed pension schemes which fall under the government's Pension Protection Fund (PPF) to be spread fairly amongst the remaining schemes.
An actuarial consultancy warns companies could end up having to fork out £1.5bn to support the Pension Protection Fund (PPF), more than five times more than government's original estimates.