Pension Protection Fund. The 2013/2014 Pension Protection Levy consultation document. Consultation response.

Document description

The Institute and Faculty of Actuaries welcomes the opportunity to respond on the 2013/14 Pension Protection Levy Consultation.

The Pensions Consultations Sub-Committee only wishes to comment on the proposed change to the submission deadline for the certification of deficit reduction contributions (paragraph 1.3.2).

The Institute and Faculty of Actuaries welcomes and strongly supports the relaxation to the submission deadline. This proposed change would assist actuaries in meeting their professional responsibilities by removing any clashes with Easter, school holidays and other work required at the end of the fiscal year.