The Pension Protection Fund announces that Alan Rubenstein has informed the Board that he intends to step down as Chief Executive of the organisation in early 2018.
The Pension Protection Fund (PPF) has today reported a healthy financial position in its 2016/17 Annual Report and Accounts, in what has been an eventful year for pensions, including debate around the BHS pension scheme and a Green Paper on the future of defined benefit pensions.
In support of the consultation on the proposed changes to the levy rules for three year period starting 2018/19, PPF and Experian representatives participated in a number of live webinar broadcasts.
The PPF, which runs the Fraud Compensation Fund (FCF), has been notified of a number of possible claims which may come to the FCF in the next few years.
The Pension Protection Fund today confirmed the levy rules for 2017/18. The final levy rules are not substantively changed from those published in December, except to include the levy rule for schemes which cease to have a substantive sponsor following a restructuring.
The Pension Protection Fund (PPF) has today (Thursday) launched a consultation outlining how it intends to develop the Pension Protection Levy for the next three year period, or triennium, starting in 2018/19. The consultation involves a detailed set of proposals together with supporting roadshows and webinars.
The Pension Protection Fund (PPF) is making changes to the actuarial assumptions used in s179 and s143 valuations, following a consultation.
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