PP Show 2011: PPF cuts levy at £550m; Set for three years

Jenna Towler
clock

The Pension Protection Fund has confirmed the levy estimate for 2012/13 will be £550m.

Chief executive Alan Rubenstein told delegates at the PP Show 2011 it was the lowest levy that the PPF has ever set and marks a reduction from £600m in 2011/12 - the second cut in two years. The...

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 Defined Benefit

Aggregate FTSE 100 DB scheme surplus hit £39bn in 2025

Aggregate FTSE 100 DB scheme surplus hit £39bn in 2025

LCP says there has been a ‘complete change’ in how FTSE 100 companies approach DB schemes

Martin Richmond
clock 21 May 2026 • 2 min read
Majority of DB schemes have settled on their endgame strategy, Aon finds

Majority of DB schemes have settled on their endgame strategy, Aon finds

Firm’s survey shows 84% of schemes with less than £500m in AUM targeting an insurance transaction

Martin Richmond
clock 21 May 2026 • 3 min read
DB scheme funding levels recover in April

DB scheme funding levels recover in April

Broadstone says funding levels ‘remain volatile’ amid ‘uncertain’ economic backdrop

Martin Richmond
clock 13 May 2026 • 2 min read
Trustpilot