UK - Industry leaders have attacked government plans to phase-in a risk-based levy for the Pension Protection Fund over six years.
Pensions minister Baroness Hollis was forced to admit a full transition from the initial flat-rate funding would not take place until 2011. Hollis told peers the risk-based levy would be “phased...
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
