PPF confirms levy determination for 2018/19

Jonathan Stapleton
PPF confirms levy determination for 2018/19

The Pension Protection Fund has confirmed its levy determination for 2018/19 - fixing the levy estimate at £550m.

This compares to the levy estimate of £615m for 2017/18 - meaning the 2018/19 estimate is just over 10% lower. The PPF said the levy scaling factor and the scheme-based levy multiplier will be 0.48...

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