On 18 November, the PPF revealed proposals to further tailor scheme levies to reflect specific risk posed by individual schemes.
Two key features of the proposals are to:
- assess the probability of a scheme’s sponsoring employer becoming insolvent during a 5-year period, in addition to the assessment of the same robability over a one-year period, as currently; and
- take account of the risk that a scheme’s investment strategy poses to the PPF when calculating its individual levy.
The consultation ends on 13 February 2009.
View the consultation paper.