The Pension Protection Fund (PPF) has issued a revised version of its s179 guidance. The PPF says that the revised version has been updated to reflect:

  • the fact that s179 valuation information is now provided to the PPF through the Pension Regulator’s system “Exchange”; and
  • recent changes to legislation (in relation revaluation of deferred benefits).

The revised guidance is effective for valuations with an effective date on or after 1 April 2009