The Pension Protection Fund is set to cut its levy demand by £120m to an estimated £600m.
The lifeboat fund said it would consult on the plans to cut its levy bill for 2011/12. The PPF said the move was its ‘first response' to government plans to increase PPF compensation in the futu...
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, 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
