PPF legislative framework 'not fit for purpose', ACA says

ACA supports PPF proposals to charge minimum levy in the short term

Jasmine Urquhart
clock • 4 min read
ACA has supported the PPF's proposals for simplifcation and reducing the levy in the short term
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ACA has supported the PPF's proposals for simplifcation and reducing the levy in the short term

The current legislative framework on the levy rules for the Pension Protection Fund (PPF) is “not fit for purpose”, the Association of Consulting Actuaries (ACA) has said.

Responding to the lifeboat fund's consultation on the 2024/25 levy rules, the ACA said it supported proposals to halve the current levy charged to defined benefit (DB) sponsors to £100m "provided t...

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Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

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