Pension Protection Fund - ACT Email Alert

Pension Protection Fund (PPF) Levy Consultation

Does your Company or your Group have a UK defined benefits pension scheme?

Last week the ACT put in comments to the Pension Protection Fund about the proposals for calculating the PPF levy.

Two important issues are how the PPF will deal with support within a Group to a scheme or to a scheme sponsor or with external support (letters of credit, purchase by a scheme of credit default swaps on the sponsor, etc.).

These are difficult questions for the PPF.

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