The Pension Protection Fund (Prescribed Payments and Investment Costs - Amendment) Regulations 2011
This consultation sought views on provision for the Board of the Pension Protection Fund to make payments from the Pension Protection Fund.
Detail
The draft provisions mean that certain costs will move from the board’s administration budget (funded through the administration levy) to the Pension Protection Fund (funded in part through the pension protection levy). The intention is that the regulations will come into force on 1 April 2011.
Documents