PB Show: PPF confirms 10% levy increase likely

clock

The Pension Protection Fund (PPF) has warned that the £630m levy paid by schemes to fund the organisation is likely to rise by an average of approximately 10% in September.

The lifeboat fund's executive director of financial risk Martin Clarke told delegates the aggregate levy would have to go up as a result of the increased risk posed to the PPF by historically high ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Lowman Pension Scheme completes £10m full buy-in with L&G

Lowman Pension Scheme completes £10m full buy-in with L&G

BPA transaction fully secures the benefits of all 115 members of the scheme

Martin Richmond
clock 03 June 2026 • 2 min read
Church of Scotland scheme agrees £220m buy-in with Just Group

Church of Scotland scheme agrees £220m buy-in with Just Group

Transaction secures the benefits of 2,800 pensioner members and 700 deferred members

Holly Roach
clock 28 May 2026 • 2 min read
F Hinds scheme secures £42m buy-in with Royal London

F Hinds scheme secures £42m buy-in with Royal London

BPA transaction secures the benefits of 485 pensioners

Holly Roach
clock 27 May 2026 • 2 min read
Trustpilot