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 pande...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
