PPF levy — are you ready for the significant changes ahead?
By Crispin Freeman
The Pension Protection Fund (PPF) has issued a consultation paper on its plans for the PPF levy over the three years from 2015–16 onwards. The proposed changes could result in a significant increase (or decrease) in a scheme’s PPF levy.
Dun & Bradstreet was recently replaced by Experian as the PPF’s insolvency risk services provider. The PPF is now proposing to move to a new PPF-specific model developed by Experian.
The new model will be based on the experience of sponsors of defined-benefit pension schemes rather than the average UK business. It will also be very largely based on financial information rather than non-financial factors such as the number of directors on the company’s board. The PPF believes that the new model will be more accurate, stable, transparent and resistant to manipulation…
Click on the link below to read the rest of the Wragge Lawrence Graham & Co briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Wragge Lawrence Graham & Co
News from The Lawyer
Briefings from Wragge Lawrence Graham & Co
£27m award for delays to generic capsules launch is upheld.
Also; significant rises in the Annual Tax on Enveloped Dwellings.