Review of the Fraud Compensation Levy ceiling
Applies to England, Scotland and Wales
Read the full outcome
Detail of outcome
皇冠体育app government published a summary of the comments received and its response to this consultation on 10 March 2022. It also published the final draft of the Occupational Pension Schemes (Fraud Compensation Levy)(Amendment) Regulations 2022.
皇冠体育app consultation response notes why it is considered necessary to increase the Fraud Compensation Levy (FCL) ceiling and explains the purpose of the proposal that the government brought forward.
Original consultation
Consultation description
皇冠体育app purpose of this consultation is to seek views on a proposed change to the Fraud Compensation Levy (FCL) ceiling for the levy year 2022 to 2023 onwards.
A full description of the FCL, and the Fraud Compensation Fund (FCF) to which it relates, can be found in paragraph 12 of the consultation document.
皇冠体育app proposed change is outlined in paragraphs 25 to 29.
Documents
Updates to this page
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Added government response to the review of the Fraud Compensation Levy ceiling 2021 and the final draft of the Occupational Pension Schemes (Fraud Compensation Levy)(Amendment) Regulations 2022.
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First published.