DWP proposes hiked general levy over three years; DB costs to more than double

James Phillips
clock • 4 min read

The Department for Work and Pensions (DWP) has launched a consultation on the future of the general levy, seeking to close a potential £230m funding gap if rates remain unchanged.

The government has set out three options for the future framework for the levy - which funds The Pensions Regulator (TPR), The Pensions Ombudsman (TPO), and the Money and Pensions Service (Maps) - ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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