Companies to receive PPF ratings - papers 10th April

According to the paper, directors will learn how common errors such as the late payment of invoices and county court judgments have affected the “failure scores” calculated by Dun & Bradstreet, the credit-rating firm that is being used by the Government’s Pension Protection Fund (PPF). Businesses have spent the past year putting in place measures to improve their score and thereby decrease the amount that they will be required to pay into the PPF. Initiatives have included injecting cash into pension scheme deficits and changing company structures to mitigate the impact of a weak parent ...