The Pension Protection Fund has revealed its levy estimate for schemes in 2016/2017 will total £615m, down from £635m the previous year.
In a consultation paper, the lifeboat fund said while it predicts funding levels to have fallen since 2015/16, they will have been offset by a lower risk of employer insolvencies. It intends to keep...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
