If you are a trustee of a defined benefit pension scheme and:
you are thinking of putting in place a contingent asset (or have done so since 31 March 2011) with a view to reducing the 2012/2013 Pension Protection Fund (PPF) levy; or
you put in place a contingent asset which had the effect of reducing the PPF levy in a previous year and you wish it to continue to do so for the 2012/2013 levy;
you need to have the contingent asset in place and certified (or recertified) to the PPF by 5 p.
Read the entire article
The Government has announced an extension to the phase-in periods over which a money purchase scheme (which is used to meet the automatic enrolment requirements) needs to meet the full statutory contribution levels.
Read the entire article
