PPF drops multi-year approach to cut levy to lowest since 2006/07

James Phillips
clock • 4 min read
Taylor: The changes we’re proposing for 2021/22 will provide valuable support
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Taylor: The changes we’re proposing for 2021/22 will provide valuable support

Around 2,000 small schemes could see their levies cut as the Pension Protection Fund (PPF) consults on introducing a tapered approach to its risk-based levy while temporarily dropping its multi-year approach.

Schemes with less than £20m in liabilities will see their dues cut in half, while any scheme with less than £50m of liabilities will see a reduction, as the lifeboat fund bids to help employers cop...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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