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The Pension Protection Fund (PPF) has launched a consultation on changes to the assumptions used for valuations under sections 143 and 179 of the Pensions Act 2004 to reflect bulk annuity market developments.

The assumptions are used to estimate the cost of securing PPF levels of compensation with an insurer and underpin section 143 valuations carried out during PPF assessment periods, alongside section 179 valuations used for several purposes, historically including PPF levy calculations








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