UK - The Pension Protection Fund will struggle to cope if a large scheme closes, unless the levy is higher than government forecasts, Aon warns.
The government expects to raise £150m in the first year by charging a flat rate of £10 per member and then expects the flat rate and risk-based charge to be an average of £20 per member. But Aon...
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