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John Hogg & Co Limited Retirement Benefits Scheme (PPFO-12070)

Complainant: Mr S
Complaint Topic: Other
Ref: PPFO-12070
Outcome: Not upheld
Respondent: Pension Protection Fund
Type: Pension complaint or dispute
Date:

Ombudsman’s Determination

Outcome

I do not uphold Mr S’ complaint and no further action is required by the Board.

My reasons for reaching this decision are explained in more detail below.

Referral summary

The reviewable matter referred by Mr S is that the Scheme’s PPF levy for the year 1 April 2015 to 31 March 2016 has been overstated due to the erroneous inclusion of a Pension Scheme Mortgage in the calculation of the Employer’s Insolvency Risk Score (the Score).

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