(Source: Eversheds LLP) 01-10-2015 With the first PPF levy invoices based on the new Experian insolvency-risk assessment model starting to land on trustees' door-mats, many schemes have made the unwelcome discovery that their PPF levy for 2015-16 has suffered a substantial hike. Around 200 schemes are reported to have seen levy rises in excess of £200,000. In addition, in its recently issued on the 2016-17 levy determination, the PPF has confirmed that it is planning to issue extra invoices to those schemes which have mistakenly claimed a levy discount in previous PPF scheme years despite not meeting the PPF's precise legal criteria to qualify as a 'last man standing' scheme. Some defined...
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