Alan Rubenstein, Chief Executive, Pension Protection Fund (PPF) said “This settlement for the BHS pension schemes, agreed between Sir Philip, the Pensions Regulator and the trustees, with the involvement of the PPF relieves the PPF’s levy payers of the cost of meeting the initially reported shortfall.
The Pension Protection Fund has today published its consultation document on its proposed levy rule for schemes without a substantive sponsor, for inclusion in the 2017/18 Levy Determination.
The Purple Book, published by the Pension Protection Fund, gives the most comprehensive picture of the risks faced by defined benefit pension schemes in the UK
The Pension Protection Fund (PPF) has published a consultation document proposing changes to the actuarial assumptions used in s179 and s143 valuations.
The Financial Assistance Scheme (FAS) will be closed to new applications from schemes from 1 September 2016.
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