IMPORTANT NEWS - 2013/14 TAX CODES
Please note that members who currently have an 'L' tax code that reflects their personal allowance for the year, you will see an increase in your coding from 6 April 2013 for the new tax year. Members with an “L” coding will see an uplift in their allowances of 134 points or may receive an additional £1,340 over the year before paying tax.
As an example, a member on a tax coding of 810L will increase to 944L from 6th April, effectively a member on this coding could be paid £9,440 over the tax year (or £786.66 per month) before they are subject to tax being deducted.
For all Income Tax queries, including queries regarding your Tax Code for 2013/14, please contact HMRC using the following details:
HMRC opening hours:
Monday to Friday – 8.00am to 8.00pm
Saturday – 8.00am to 4.00pm
Closed Sundays and Bank Holidays
If your scheme has transferred to the Pension Protection Fund
You may want to use one of the links below:
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PPF Members' Website
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On the members' website, you will find detailed information about how the PPF operates and how your compensation is calculated. The site allows you to register and securely view your compensation details online.
If you are having trouble using the member site, please contact the Operations Team on 0845 603 7224.
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Transferred Schemes
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Here, you can view a list of all the schemes that have transferred to the PPF.
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If you want to know more about the Pension Protection Fund, or if your scheme is in a Pension Protection Fund Assessment Period
Please use any of the following links to view leaflets and pages that will be of interest:
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What is the Pension Protection Fund and What Do We Do? (booklet)
What is the Pension Protection Fund and What Do We Do? (YouTube)
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If you are reading this, the chances are your employer, or former employer, has gone bust and you may be worried about what will happen to your pension. It also means that your pension scheme may be eligible to enter the Pension Protection Fund.
The PPF was set up in April 2005 to protect you if your employer goes bust and its pension scheme can no longer afford to pay your promised pension.
Our booklet and video explain more about the PPF, the compensation we pay, how we are funded and what happens next for you and your scheme.
Scheme Members, trustees or administrators can order hard copies of the booklet by calling 01375 484 807 or email pensionprotectionfund@ecgroup.co.uk Please quote reference number PPF 1202.
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Compensation
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This page explains the levels of compensation that the PPF pays, and also gives further information about compensation and divorce.
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Assessment Period
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This page explains what we do when a scheme is being considered for transfer to the Pension Protection Fund. You can also view all the schemes currently in the assessment period.
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FAQs
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View a list of all our website FAQS that are aimed at scheme members. Please note that any questions about your personal circumstances and scheme entitlements should be directed to your scheme trustees.
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If you are looking for information about the Financial Assistance Scheme
The links below may be helpful:
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Financial Assistance Scheme
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The Financial Assistance Scheme (FAS) is now administered by the PPF. The FAS section of our site contains lots of information on how FAS works, who may be eligible and the schemes involved. |
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FAS Member Site
This link takes you to a different, secure website.
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Members of schemes that have transferred to FAS can register on the member site, to securely view more information about their entitlement. |
If your questions about the Pension Protection Fund have not been answered by any of the information contained on our website, please contact our Stakeholder Support Team on:
Tel: 0845 600 2541
Text phone: 0845 600 2542
Fax: 020 8633 4910
Email: information@ppf.gsi.gov.uk
Please note that some of our telephone calls are recorded to help us provide the best for our stakeholders.
If you would like to receive any of our consumer documents in a different language or format, please contact us.