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

Aptia joins LGPS administration services framework

Aptia joins LGPS administration services framework

Pensions administration provider will apply services to support LGPS funds on a range of optimisation projects

Martin Richmond
clock 04 February 2026 • 1 min read
Fiduciary managers using AI in limited ways, Isio says

Fiduciary managers using AI in limited ways, Isio says

Many using technology for low-risk operational tasks

Jasmine Urquhart
clock 02 February 2026 • 1 min read
Capita and Civil Service issue joint statement on CSPS pension issues

Capita and Civil Service issue joint statement on CSPS pension issues

Statement apologises that members are not getting the service they deserve

Jonathan Stapleton
clock 29 January 2026 • 2 min read
Trustpilot