PPF urged to 'seriously reconsider' reducing levies below £100m

SPP’s consultation response warned level is ‘reasonable’ for 2024/25 but not in future

Holly Roach
clock • 2 min read
PPF urged to 'seriously reconsider' reducing levies below £100m

The Pension Protection Fund (PPF) should “seriously reconsider” reducing levies below £100m in the next few years, the Society of Pension Professionals (SPP) has urged.

This comes as the PPF launched a consultation on the 2024/25 levy rules featuring proposals to halve the levy from £200m to £100m. The SPP said while the £100m level is "reasonable" for the 2024...

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