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

PP Admin and Data forum 2026: Keynote announced

PP Admin and Data forum 2026: Keynote announced

Our annual event will take place on Thursday 6 March in London at 22 Bishopsgate

Professional Pensions
clock 09 December 2025 • 1 min read
Capita and PCS agree union recognition

Capita and PCS agree union recognition

Agreement signed ahead of transfer of CSPS administration from MyCSP to Capita

Jasmine Urquhart
clock 28 November 2025 • 2 min read
PASA publishes digital transformation guidance

PASA publishes digital transformation guidance

Guidance provides measures to ensure schemes deliver a ‘sustainable’ digital change

Martin Richmond
clock 24 November 2025 • 2 min read
Trustpilot