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Following its update of the section 179 guidance after the new definition of money purchase benefits came into effect, the Pension Protection Fund (PPF) has updated its guidance on other types of valuation.
The PPF 7800 Index has been updated to the end of September 2014.
The Pension Protection Fund announced today that the levy estimate for 2015/16 would be set at £635m, nearly ten per cent lower than the 2014/15 estimate.
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This section of the site will give trustees all the necessary information for taking a scheme through a PPF assessment period.
Documents relating to the 2014/15 Levy Determination
This booklet, produced by the PPF and CBI, explains how the levy works. It also sets out the actions you can take to reduce your individual levy bills and the deadlines you must meet to make sure these actions are taken into account.
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