PPF fraud compensation levy climbs ahead of complaints surge

James Phillips
clock • 1 min read

The Pension Protection Fund (PPF) has raised the fraud compensation levy for the first time since 2012 as it prepares for an expected swell in claims.

The lifeboat fund, which runs the Fraud Compensation Fund (FCF), said it has raised the levy by 25 pence per member as it has been notified of "a number of possible claims" which might hit the FCF ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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