Most support PPF levy cut but some warn of challenging economic times ahead

While many see cutting levy as ‘only fair’, some warn safeguard for innocent victims should remain

Holly Roach
clock • 2 min read
Most support PPF levy cut but some warn of challenging economic times ahead

The majority of the industry supports the Pension Protection Fund (PPF) cutting its levy to zero, but some warn of potential challenging economic times ahead which could lead to the PPF needing additional reserves to protect pension scheme members.

In a recent Pensions Buzz survey, 78% of respondents said they supported the PPF reducing its levy to zero with many agreeing it was the right thing to do given it is running at a surplus. However,...

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