Ibstock must pay additional £140,000 PPF levy due to data error - UPDATED

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Ibstock Pension Scheme must pay the additional £140,000 Pension Protection Fund (PPF) levy it received after submitting erroneous data in 2011, says the PPF Ombudsman.

Last year, Ombudsman Tony King ruled the PPF must reassess the "windfall" levy, which was issued following a mistake in Ibstock's deficit recovery certificate (DRC) for the year (PP Online, 22 Febr...

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