PPF to amend levy plans on ABCs; Drops CRA override proposal

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The Pension Protection Fund (PPF) will relax the tough stance it intended to take on non-property asset backed contributions (ABCs) after concluding a consultation on changes to its levy, PP understands.

Sources close to the organisation say the amended proposals, due to be published by early October, will make more demands on trustees to have such arrangements correctly valued, however. The lif...

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