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Trustees and scheme employers must ensure the PPF has up-to-date information to avoid an inflated levy (Re West of England Ship Owners Insurance Services Ltd Retirement Benefits Scheme; Board of the Pension Protection Fund v Trustees of the West of England Ship Owners Insurance Services Ltd Retirement Benefits Scheme)

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Published on: 04 February 2014

Published by a LexisNexis Pensions expert

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Article summary

Pensions analysis: In the recent case of Re West of England Ship Owners Insurance Services Ltd Retirement Benefits Scheme the High Court ruled that the Pension Protection Fund (PPF) Ombudsman had made an error of law as to the construction and application of the 2010/11 PPF levy. Lesley Browning, partner at Norton Rose Fulbright, who was instructed for the respondent, discusses the outcome of the case and the implication for the parties involved.

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