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Electrosonic Pension Scheme (PPFO-6992)

Complainant: Trustees of the Electrosonic Pension Scheme
Complaint Topic: Other
Ref: PPFO-6992
Outcome: Not upheld
Respondent: The Board of the Pension Protection Fund
Type: Pensions Protection Fund referral
Date:

Summary of complaint

The Ombudsman has received a reference of a reviewable matter, following a decision by the Reconsideration Committee of the Pension Protection Fund (PPF) dated 22 October 2014. The referral concerns the decision, by the Board, not to recognise the Scheme’s Type A contingent asset from Electrosonic Group OY AB for the levy year 2013/14.

 

Summary of the Ombudsman’s Determination and reasons

The Board is not required to take any action because the Reconsideration Committee’s decision was reached correctly.

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