PPF mulls charging levy to schemes with no sponsor

Stephanie Baxter
clock • 2 min read

The Pension Protection Fund (PPF) is working on plans to impose a levy on schemes that do not have a substantive sponsoring employer after a restructuring.

Alongside its provisional confirmation of the levy rules for 2017/18, the lifeboat fund said its work on developing such a measure is progressing, although it will be subject to consultation. The ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Key considerations for streamlined bulk purchase annuity solutions

Key considerations for streamlined bulk purchase annuity solutions

Smaller schemes now have a range of solutions to choose from, but how do they differ?

Mark van den Berghen
clock 14 May 2024 • 4 min read
Norgine scheme completes £28m buy-in with Canada Life

Norgine scheme completes £28m buy-in with Canada Life

Bulk annuity transaction secures the benefits of 308 members

Martin Richmond
clock 14 May 2024 • 1 min read
Seven small undisclosed schemes complete buy-ins with Aviva and Just

Seven small undisclosed schemes complete buy-ins with Aviva and Just

Transactions secure the benefits for combined 307 pensioners and 274 deferred members

Martin Richmond
clock 10 May 2024 • 2 min read
Trustpilot