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Barnett Waddingham
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PPF replaces Dun & Bradstreet with Experian

Published by Nick Griggs on

The PPF has announced that it will be replacing Dun & Bradstreet (D&B) as the provider it uses for determining the probability of company insolvency used in the PPF levy calculation.

The D&B Failure Score has been used since the PPF was established in 2005. The new provider will be Experian, who will work with the PPF to develop a bespoke system for determining PPF credit ratings.

The system is expected to be up and running early in 2014 and will be used in determining credit ratings for the 2015/16 levy onwards. If the PPF maintain the current levy framework, the Experian PPF credit rating will start impacting PPF levies from 30 April 2014.

PPF Levy Forum

Have you ever wanted a guide to the workings of the PPF and the way levies are assessed? You'll also find practical advice on how to manage your scheme’s PPF levy.

About the author

  • Nick Griggs

    Nick advises a range of UK businesses on DB pension issues including risk reduction exercises, scheme funding, pension benefit design and accounting disclosures. He also acts as Scheme Actuary to a number of clients.

    View Biography

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