UK - Schemes will be able to recoup their Pension Protection Fund levies from members under a new rule added to the Pensions Bill.
The government had insisted that the levy, which has been estimated at around £320m a year or £20 per member, must be paid by the employer. But the new rule will leave it up to trustees to decide i...
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