Have the trustees considered submitting a PPF Valuation Report?
For most schemes this will be the most important consideration. In many cases the potential reduction in the PPF levy will more than offset the cost of carrying out a PPF valuation. Have the trustees considered submitting a Contribution Certificate? If the employer has paid a high level of contributions since the previous valuation it may be worth the Scheme Actuary submitting a contribution certificate to the PPF. Have you updated your Scheme Return information? If the information included in your Scheme Return is now out of date it may be worth updating it before 31 March 2007. Items such as the average age can have a big effect on your projected PPF funding level. The Scheme Return allows you to use weighted average ages which may give a more favourable result. Have you considered contingent assets? Group guarantees, charges over assets or letters of credit can be used to significantly reduce your PPF levy. If any contingent assets were put in place before 31 March 2006 they will ne
