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We've provided further clarification on how we calculate scheme funding data

We've provided further clarification on the methodology we use to calculate scheme funding data in our 7800 index and Purple Book. 

Nominating a beneficiary on our member website

If you're a PPF or FAS member, you can now nominate a beneficiary and upload supporting evidence of their relationship to you on our member website.

We’ve launched our Diversity, Equity and Inclusion strategy

Today, we’ve launched our new Diversity, Equity and Inclusion (DEI) strategy, that reaffirms our commitment to being an inclusive employer.

We’ve enhanced our bereavement process

We’ve made improvements to our bereavement process to give our members more peace of mind and reduce the burden on loved ones when a member passes away. 

Target member tracing

You may have received a letter from a company called Target Professional Services asking you to confirm your address. 

Levy rules for 2021/22 published

We’ve now published the final levy rules for 2021/22, alongside our policy statement summarising the responses we received during consultation, and our conclusions.

Court of Justice of the European Union judgement - update

Following the judgment of the Court of Justice of the European Union (CJEU) last month, we have started to write to capped members who we believe are affected by the ruling. This is to confirm our records, because we do not have all the data we need to calculate the increase due. We will be writing in tranches over the coming weeks, so members who believe they are affected, but do not receive a letter immediately, do not need to contact us.

Letting someone else deal with us on your behalf

If you’d like someone else to deal with us on your behalf, you can send us a Letter of Authority or a Power of Attorney.

The insolvency practitioner's role in the assessment process

The assessment period starts with a qualifying insolvency event. You must file notice of the insolvency – an S120 notice – within 14 days of your appointment or of becoming aware of the existence of the pension scheme. Without that, it’s not possible to make a start on the work that needs to be completed during the assessment period. By law, we exercise the trustees’ rights against the employer during the assessment period. So we need to know about the insolvency as soon as possible.

Technical guidance for previous periods

Here you'll find all the necessary valuation guidance and factors that were valid for previous periods. Please use the links below: Valuation guidance valid for previous periods