Embattled schemes welcome PPF levy cut approach
The Pension Protection Fund’s (PPF) new tapered approach to its risk-based levy could provide a crucial short-term lifeline for struggling schemes hard-hit by Covid-19, the industry says.
This comes after the lifeboat fund published a consultation on the level and structure of its levy for 2021/22 yesterday (29 September). Around 2,000 small schemes could see their levies cut if the...
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