Embattled schemes welcome PPF levy cut approach

Hope William-Smith
clock • 3 min read

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 ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Why experienced trustees are critical to the future of UK pension schemes

Why experienced trustees are critical to the future of UK pension schemes

Bobby Riddaway says the future requires more than just compliance

Bobby Riddaway
clock 28 April 2025 • 3 min read
TPR and FCA say VfM framework will lead to 'mindset shift' so schemes compete on genuine value

TPR and FCA say VfM framework will lead to 'mindset shift' so schemes compete on genuine value

Regulators discuss the future of the VfM framework on a recent podcast

Holly Roach
clock 28 April 2025 • 2 min read
Origo completes connection to pensions dashboards ecosystem

Origo completes connection to pensions dashboards ecosystem

Origo Dashboard Connector has fully connected to architecture ahead of this week’s first deadline

Holly Roach
clock 28 April 2025 • 1 min read
Trustpilot