The Pension Protection Fund (PPF) has set its levy estimate for 2015/16 at £635m, 10% lower than this year's total, and said there could be further reductions to come.
The lifeboat fund said the reduced levy reflected the falling risk it faced and was the same as it would have collected had it stuck with its Dun & Bradstreet model. Under the model being develo...
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