Ombudsman rejects parent company guarantor for risk-based levy

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The Pensions Protection Fund Ombudsman (PPFO) has rejected a complaint held by trustees over the suitability of a PPF levy guarantor.

Trustees of the Land Rover Pension Scheme complained to the PPFO that the risk-based element of the levy did not include parent companies, after the PPF had decided that their contingent asset - wh...

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