PPF charges compensation levy for second consecutive year and ups it 2p per member

clock

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

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Incisive Media launches account-based advertising service for financial service sector

Incisive Media launches account-based advertising service for financial service sector

New platform combines three decades of industry data with multi-channel precision to deliver measurable pipeline growth

clock 06 February 2026 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

LGPS reforms, DB member confidence, Scottish Widows private market investment options

Professional Pensions
clock 06 February 2026 • 1 min read
News Digest: University worker sued because pension wasn't vegan; The impact of salary sacrifice changes

News Digest: University worker sued because pension wasn't vegan; The impact of salary sacrifice changes

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 06 February 2026 • 1 min read
Trustpilot