PPF entry and apportioning DB liabilities


Will the apportionment of liability between participating employers in a defined benefit (DB) occupational pension scheme cut off possible future access to the Pension Protection Fund (PPF)? This is the question posed in the recent case of L & Others v M Ltd. The judgment sheds light on the rarely litigated (but highly complex) section 75 of the Pensions Act 1995 and the equally convoluted regulations governing entry to the PPF.

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