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The Channel Tunnel Group Pension Fund (CAS-53574-F3Y2)

Complainant: The Trustees of the Channel Tunnel Group Pension Fund​
Complaint Topic: Administration
Ref: CAS-53574-F3Y2
Outcome: Not upheld
Appeal outcome: None
Respondent: The Board of the Pension Protection Fund
Type: Pension complaint or dispute
Date:
Appeal: No

Ombudsman’s Determination

Outcome

I find that the Board’s Reconsideration Committee’s decision, dated 4 June 2020, was reached correctly. The Board is not required to take any further action.

Complaint summary

The Trustees have referred a decision by the Board’s Reconsideration Committee relating to the calculation of the Fund’s 2019/20 risk-based levy. The Trustees consider the levy to have been incorrectly calculated by reference to the 2016 accounts for Getlink SE (the 2016 Accounts).

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