Pension Protection Fund (Revaluation Amendments) Regulations 2011 come into force

Implementation date: 31 March 2011

The Regulations prescribe that the revaluation in relation to compensation paid from the Pension Protection Fund to members of eligible pension schemes where the scheme's sponsoring employer becomes insolvent, is to be determined in accordance with any rise in the general level of prices in Great Britain, rather than in accordance with the retail prices index. The Regulations can be viewed on the UK legislation website.