UK - Pensions Minister Ian McCartney has announced there will be no change to the rate of the general levy paid by occupational and personal pension schemes and that, for the fifth year running, a compensation levy would not be raised in 2002/03.
In response to a parliamentary question McCartney said: I am pleased to announce that there will be no increase in the general levy rates for 2002/03. Rates will remain at the 2000/01 level as set ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
