The Pension Protection Fund Ombudsman Tony King has ruled the PPF must reconsider an additional £140,000 levy issued to Ibstock Pension Scheme, after a dispute over erroneous information on a deficit reduction certificate.
In 2011, Ibstock submitted proof of a £54.1m deficit reduction contribution for 2011/2012, but it was rejected by the PPF due to an incorrect s179 valuation date on the deficit reduction certificat...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders