Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Do County Courts Judgments (CCJs) have an affect on my D&B Failure Score?

0
Posted

Do County Courts Judgments (CCJs) have an affect on my D&B Failure Score?

0

For the purpose of the 2007/08 levy calculation the PPF implemented a rule in respect of CCJs, whereby the weighting applied to CCJs in the Failure Score methodology was reduced in some circumstances to ensure that the insolvency risk calculation best suited the universe of sponsoring employers of pension schemes under consideration and avoid disproportionate and volatile score changes caused in some cases by CCJs. Further detail is available in the 2007/08 levy Determination.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123