'No justification' for general levy option 3 proposal

Option 3 proposed imposing a £10,000 additional charge on smaller schemes

Holly Roach
clock • 1 min read
'No justification' for general levy option 3 proposal

There is “no justification” for the ‘option 3’ general levy proposal, the pensions industry warns.

      This comes after the Department for Work and Pensions (DWP) launched a consultation last month seeking views on further proposed changes to the general levy on occupational and perso...

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

Professional Pensions: Top features of 2025

Professional Pensions: Top features of 2025

Professional Pensions looks back at the top features of 2025

Professional Pensions
clock 23 December 2025 • 1 min read
Nelson Peltz's Trian and General Catalyst to purchase Janus Henderson for $7.4bn

Nelson Peltz's Trian and General Catalyst to purchase Janus Henderson for $7.4bn

Janus Henderson management team to stay

Patrick Brusnahan
clock 23 December 2025 • 2 min read
Rory Murphy - Can smaller schemes draw on inspiration from the co-op movement?

Rory Murphy - Can smaller schemes draw on inspiration from the co-op movement?

Rory Murphy looks at how smaller schemes might achieve better outcomes for members

Rory Murphy
clock 23 December 2025 • 3 min read
Trustpilot