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Key Information
  • 2011/12 Levy Determination
  • How to Reduce Your Pension Protection Levy
  • Contingent Asset Guidance
  • Appendix 4 to the 09/10 Determination - Contingent Assets
  • Consultation on the Future Development of the Pension Protection Levy
Top FAQs
  • I have put in place/am considering putting in place a parental guarantee for my scheme. The parent company is based in a foreign country, how can I find out their insolvency risk?
  • Now that the PPF has agreed that PPF compliant contingent assets will no longer be viewed as a charge against a company, how will companies be able to check a specific charge has been excluded, before the 31 March 2011 deadline?
  • Do I have to re-certify a contingent asset for inclusion in the next levy year?
  • I have put a contingent asset in place, can I now reduce it?
  • Must letters of credit and bank guarantee contingent assets (Type C (i) & C (ii)), be denominated in sterling?

Risk Reduction 


Schemes wishing to certify deficit reduction contributions, contingent assets and block transfers should now do this through the Pensions Regulator’s Exchange system. Please read our guidance document You, The Pension Protection Fund and Exchange for more information.

Please note it is our general policy to enforce deadlines strictly, even where the Board has discretion in the matter, and missing them is likely to have adverse consequences for schemes.

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