PPF announces 8% rise in levy collection as risk grows

Kim Kaveh
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The lifeboat fund said the levy rise reflects the expected increases in scheme risks
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The lifeboat fund said the levy rise reflects the expected increases in scheme risks

The Pension Protection Fund (PPF) has launched a consultation on how levies will be calculated for 2020/2021, with an expected 8% increase in its levy collection compared to this year.

While stating it intends to make "no substantive changes", the PPF's consultation - launched on 25 September - noted that it will collect £620m in 2020/2021 - an increase on the £575m expected to be collected...

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