UK - Funding thresholds for calculating the pension protection levy are set for dramatic rises after the publication of the Pension Protection Fund's (PPF) final version of the 2008-09 Determination.
The limits at which pension funds pay the reduced levy rate will rise from 104% to 120% and the threshold for no levy payments will rise to 140% from 125%. However, the levy cap will be reduced 25 ...
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
