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PPF's 2024/25 levy has been halved to £100m
The Pension Protection Fund (PPF) has confirmed its 2024/25 levy will be halved to £100m, down from £200m in 2023/24.
The lifeboat fund said the change means 99% of defined benefit schemes are expected to pay less as a result. It also noted the levy methodology remains broadly unchanged. The reduction will mean...
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