PPF levy 'difficult to justify', PLSA says as it calls for cut

PLSA has called on the PPF to cut its £100m levy to zero to reflect DB sector health

Holly Roach
clock • 2 min read
PPF levy 'difficult to justify', PLSA says as it calls for cut

The Pensions and Lifetime Savings Association (PLSA) has called for the Pension Protection Fund (PPF) to cut its levy to zero, amid the strong funding levels seen in the defined benefit (DB) sector.

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 PLSA's response to the PPF...

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