All PPF levy articles – Page 5
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OpinionPPF: New system leads to fewer appeals
Talking Head: The Pension Protection Fund’s Chris Collins shares how the PPF’s invoicing has gone since the new insolvency risk model was introduced, and what else is in the pipeline.
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OpinionA decade on: The evolution of the PPF
Talking Head: The Pension Protection Fund has been afloat for a decade. The PPF’s John St Hill explains how the lifeboat fund continues to sail through choppy waters.
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Opinion
Winner or loser? How DB funds should approach the new levy scorecard
Spence’s Alan Collins outlines the main changes to the PPF levy calculation methodology and says trustees should act as soon as possible.
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News
Do regulator and PPF need their heads knocked together over 'last man standing'?
Problems could lie ahead for schemes seeking to qualify as last man standing when completing annual scheme return forms.
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Opinion
Why trustees will be spending more time on PPF certification, not less
It was no surprise the Pensions Regulator’s latest defined benefit code recognised the potential value to both schemes and sponsors of contingent assets where trustees agree “to accept more risk than can be supported by their available employer covenant”.
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Opinion
PPF: levy dip likely to be followed by further falls
The Pension Protection Fund’s Chris Collins gives a speedy run-through of the latest on its levy changes, and explains why the levy is expected to fall for a further two years after 2015/16.
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News
How changes to the PPF levy could affect your scheme
Schemes are being advised to assess the cost of completing an annual valuation of asset-backed contributions, after the Pension Protection Fund announced non-property ABCs will be considered in levy calculations.
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Opinion
Can you prove the value of your ABCs? A first glance at PPF levy changes
The Pension Protection Fund will now require schemes to provide proof of the value of asset-backed contributions used to reduce levy bills, as part of the lifeboat's amendments to levy calculations.
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News
Schemes consider money purchase reversion to reduce employer risk
Legal experts have reported that schemes caught by the recent change in the definition of money purchase are trying to amend their benefits structures to remove the additional risk of guarantees.
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News
How the PPF's contingent asset shift could affect your scheme
The Pension Protection Fund will publish in October the conclusion of its consultation on making the certification of contingent assets more transparent, after around half a sample of type A contingent assets failed a stress test.
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Opinion
Smooth sailing for the pensions lifeboat? The PPF’s annual report in numbers
The gradual economic recovery is welcome news for the Pension Protection Fund, with buoyant equity markets and stronger companies outweighing some losses in its liability-driven investment strategy.
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FeaturesSiemens shrinks deficit with asset-backed funding deal
Engineering and electronics company Siemens has set up a Scottish limited partnership for its UK defined benefit scheme to provide additional security for members, shutting a large part of its deficit and stabilising the company’s cash flow.
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NewsPPF targets transparency with insolvency levy changes
Schemes will be able to more precisely focus their efforts to reduce their Pension Protection Fund levy, following the lifeboat’s proposals to make its insolvency risk system more transparent.
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News
PPF plots future £4.4m saving from taking member services in-house
The Pension Protection Fund plans to make savings of around £4.4m a year by bringing its member services in-house, the pensions lifeboat’s three-year strategic plan has revealed.
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Opinion
PPF: What our levy work means for your scheme
Talking head: Ahead of a May consultation on the changes to its levy framework, the Pension Protection Fund’s David Taylor discusses the organisation’s plans for judging sponsor insolvency.
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Opinion
Is the PPF assessment process getting value for DB members?
In the latest edition of Informed Comment, Spence & Partners’ Alan Collins says the introduction of the Pension Protection Fund’s specialist panels have delivered value for money for scheme members and levy payers.
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Features
PPF levy change hits solvent employers
The Pension Protection Fund (PPF) accepts its new levy calculation will mean increased charges for schemes with low insolvency risk, except when they are in the highest funding brackets.
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FeaturesTui starts early to control PPF levy cost
As the Tui pension scheme works ahead of time to certify its contingent asset and reduce its Pension Protection Fund levy, Ian Smith and Anna Lyudvig analyse the process.
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Features
Countdown to manage PPF levy changes
The Pension Protection Fund’s Chris Collins sets out the main changes to its annual levy and how schemes need to prepare ahead of the March 30 deadline.
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Features
How to save money on your PPF levy
TLT head of pensions Sasha Butterworth explores how schemes can use contingent assets to save money on their risk-based levy.