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.