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Following a consultation launched in September, the PPF today published its 2014/15 Levy Determination and confirmed that the 2014/15 pension protection levy estimate will be £695 million, as originally proposed.
The PPF has published Issue 4 of Technical News, a newsletter on topical issues including practical guidance for schemes in PPF assessment periods and FAS qualifying schemes.
The PPF today reported a £1.8 billion surplus at the end of 2012/13 and said that the probability of meeting its long-term funding target has increased to 87 per cent.
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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 2013/14 Levy Determination
A Guide to the Pension Protection Levy 2013/14
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