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...

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

Good News Corner: People's Partnership team braves the Tough Mudder challenge

Good News Corner: People's Partnership team braves the Tough Mudder challenge

Staff tackled a 5km obstacle course to raise money for St Catherine’s Hospice

Martin Richmond
clock 25 September 2026 • 3 min read
I tested the MoneyHelper Pensions Dashboard beta. Here's what I found

I tested the MoneyHelper Pensions Dashboard beta. Here's what I found

MHPD is in its second phase of consumer testing before the October connection deadline

Alex Levy
clock 25 September 2026 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR focusses on UK growth, L&G job cuts, PRT results, and IFoA guided retirement warning

Professional Pensions
clock 25 September 2026 • 1 min read
Trustpilot