UK - The Pension Protection Fund (PPF) has apologised to 41 pension schemes for a mistake in the organisation's advice over insolvency risk calculations.
A spokesman told Global Pensions the affected funds had seen their successful appeal against insolvency ratings leading to higher levies overturned due to the PPF's initial risk evaluation strategy...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
