SPP voices 'significant' concern over DWP general levy consultation

Society outlines worry over option to charge small schemes a ‘punitive’ £10,000 fee

Martin Richmond
clock • 2 min read
Jarvis: We are concerned this proposal will be punitive to small schemes
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Jarvis: We are concerned this proposal will be punitive to small schemes

The Society of Pension Professionals (SPP) has voiced its concern over the proposed option in the Department for Work and Pensions’ (DWP) consultation on the general levy to charge small schemes an additional £10,000 fee.

The consultation - which was published last month and closes for comments next week (13 November) - sought industry views on proposed changes to the levy on occupational and personal pension scheme...

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