SPP writes Pension Schemes Bill amendment to abolish PPF administration levy

Organisation says legislative change is needed to abolish ‘unnecessary’ levy

Holly Roach
clock • 1 min read
SPP writes Pension Schemes Bill amendment to abolish PPF administration levy

The Society of Pension Professionals (SPP) has written a Pension Schemes Bill amendment to abolish the Pension Protection Fund (PPF) administration levy.

The SPP amendment was tabled by Liberal Democrat MPs Steve Darling and John Milne, with the new clause abolishing the levy and providing for the expenses of the PPF and the Fraud Compensation Fund ...

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

XPS Group posts half-year results reporting 13% rise in revenue

XPS Group posts half-year results reporting 13% rise in revenue

Results show revenues hit £128.5m in the six months to September 2025

Holly Roach
clock 20 November 2025 • 2 min read
News Digest: Will AI devour my pension?

News Digest: Will AI devour my pension?

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 20 November 2025 • 1 min read
UK inflation drops to 3.6% in October

UK inflation drops to 3.6% in October

Industry warns wider economic backdrop remains 'fragile' ahead of Autumn Budget

Linus Uhlig
clock 19 November 2025 • 3 min read
Trustpilot