Extra contributions could increase PPF levy up to 50%

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Sponsoring employers who use spare cash to reduce scheme deficits could see a huge hike in their scheme's Pensions Protection Fund (PPF) levy as a result, warn consultants.

The resulting drop in cash on a company's balance can cause a downgrade of its Dun & Bradstreet (D&B) failure score, which is one of the factors used to calculate scheme's levies. Trigon Pension...

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