UK - The Pension Protection Fund (PPF) levy scaling factor has been slammed by Watson Wyatt for potentially costing companies five times more than last year.
The PPF said the reason behind more than doubling the levy to £675m since last year was more extensive information collection and to make up for the shortfall it experienced in 2006. However, Wa...
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
