Pensions UK calls for PPF administration levy reform

Trade body said DWP move to charge DB schemes in form of levy without prior warning ‘raises concerns’

Holly Roach
clock • 1 min read
Pensions UK director of policy and advocacy Zoe Alexander
Image:

Pensions UK director of policy and advocacy Zoe Alexander

Pensions UK – the trade body formerly known as the Pensions and Lifetime Savings Association – has called for reform of the Pension Protection Fund (PPF) administration levy.

The call comes as the organisation said the Department for Work and Pensions' decision to charge defined benefit (DB) schemes without prior warning, in the form of the PPF admin levy, "raises proce...

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