What the Ibstock ruling means for schemes

Naomi Rainey examines the ombudsman's ruling on the scheme's PPF levy

clock

The Pension Protection Fund Ombudsman has ruled the PPF must reconsider the 2011/2012 levy bill for Ibstock Pension Scheme, after an error in the scheme's deficit reduction certificate led to an additional £140,000 charge.

As schemes prepare to submit their DRC and contingent assets documentation for the 2013/2014 year, Tony King's ruling could not be timelier. The case raises interesting questions about the way i...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Admin / Technology

Key life events expected to be predominant factor in dashboard engagement

Key life events expected to be predominant factor in dashboard engagement

WTW survey finds 76% of respondents expect ‘moderate’ increase in engagement following dashboard launch

Martin Richmond
clock 03 August 2026 • 2 min read
TPA service lists masking differences in how providers cope operationally

TPA service lists masking differences in how providers cope operationally

Traditional comparisons may no longer provide reliable indication of admin capability

Jonathan Stapleton
clock 27 July 2026 • 2 min read
Technology must be at the heart of solving the UK's retirement savings challenge

Technology must be at the heart of solving the UK's retirement savings challenge

Maurice Titley explores why technology will be critical to building a pensions system that delivers better outcomes for savers

Maurice Titley
clock 17 July 2026 • 3 min read
Trustpilot