The Pension Protection Fund (Prescribed Payments and Investment Costs - Amendment) Regulations 2011
Applies to England, Scotland and Wales
Read the full outcome
Detail of outcome
The government welcomes the responses, which confirm that these regulations do not impose burdens on business or others.
Original consultation
Consultation description
The draft provisions mean that certain costs will move from the board’s administration budget (funded through the administration levy) to the Pension Protection Fund (funded in part through the pension protection levy). The intention is that the regulations will come into force on 1 April 2011.