SPP urges PPF to reduce levy to zero 'immediately'

Organisation said PPF £100m levy could be ‘more usefully employed elsewhere’

Holly Roach
clock • 2 min read
SPP urges PPF to reduce levy to zero 'immediately'

The Society of Pension Professionals (SPP) has warned the Pension Protection Fund’s (PPF) £100m levy does not need to be maintained and could be “more usefully employed elsewhere”.

This comes after the lifeboat fund launched a consultation in September after proposing a £100m levy estimate for 2025/26 – which equalled the lowest levy ever. In the SPP's response to the PPF'...

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Holly Roach
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Holly Roach

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