The Pension Protection fund will charge the fraud compensation levy for the second consecutive year for 2011/12 after anticipating an increase in future claims.
The lifeboat fund will also increase the levy payment to 25p per scheme member. It said the increase was necessary as a result of being informed of activities in respect of a number of eligible ...
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
