SPP backs PPF's section 143 proposals, but warns of risks

New valuation rules would give flexibility for schemes, but care needed to protect members

Jasmine Urquhart
clock • 1 min read
The SPP has said new s143 valuation rules should be implemented with caution
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The SPP has said new s143 valuation rules should be implemented with caution

The Society of Pension Professionals (SPP) has broadly backed proposals to implement section 143 valuations for smaller schemes.

In its response to the Pension Protection Fund's (PPF) bespoke valuation consultation, which closes next month, the SPP said the changes would provide flexibility for smaller schemes but that care ...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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