There are three types of contingent asset arrangements which - providing certain requirements are met - can reduce the amount of risk-based levy your scheme will pay.� Types of contingent assets Type A: Guarantees from a parent or group companyType B: Cash, UK real estate and securitiesType C: Letters of credit and bank guarantees
Following the consultation launched in September, the Pension Protection Fund (PPF) has today published its final levy rules for the 2019/20 levy year.
We�re here to help, so please check the information below and contact us if you have any questions. Levy payers Contingent asset documents� Our requirements for submitting contingent asset documents have changed.� Please don�t send us hard copies of documents. You should:
We are developing our long-term approach to the levy in response to our new funding strategy
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