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...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Government confirms Emma Douglas as 'preferred' candidate for TPR chair role

Government confirms Emma Douglas as 'preferred' candidate for TPR chair role

The WPC will hold a pre-appointment hearing with Douglas next week

Holly Roach
clock 09 January 2026 • 1 min read
PDP proposes launch of private sector dashboards working group

PDP proposes launch of private sector dashboards working group

PDP proposes extending industry collaboration to support the delivery of private sector dashboards

Holly Roach
clock 09 January 2026 • 2 min read
UK Pensions Awards 2026: 2 weeks left to enter!

UK Pensions Awards 2026: 2 weeks left to enter!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 09 January 2026 • 3 min read
Trustpilot