Update your PPF valuation to save on levy, schemes urged

Gains on bonds and equities could help schemes cut their s179 levy in half

James Phillips
clock • 2 min read
Update your PPF valuation to save on levy, schemes urged

Defined benefit (DB) schemes could save on levy payments this year if they hold an out-of-cycle section 179 valuation, says Hymans Robertson.

Those funds that held a 2020 triennial valuation are at risk of paying a higher levy than they need to because the calculation is based on a period when asset prices were depressed due to the pandemic....

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