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TT Group (1993) Pensions Scheme (PPFO-6880)

Complainant: TTG Pension Trustees Limited
Complaint Topic: Other
Ref: PPFO-6880
Outcome: Not upheld
Respondent: Pension Protection Fund
Type: Pensions Protection Fund referral
Date:

Summary of application

The Ombudsman has received a reference of a reviewable matter, following a decision by the Reconsideration Committee of the Pension Protection Fund (PPF) dated 15 October 2014. The referral concerns the decision, by the PPF, to charge interest after late payment of the Scheme’s risk-based levy for the levy year 2011/12.

Summary of the Ombudsman’s determination and reasons

The Board is not required to take any action because it has reached its decision with regard to waiving interest for late payment of the Scheme’s risk-based levy in a proper manner.

 

 

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