NEARLY two-thirds of scheme managers believe proposals to increase Pension Protection Fund levy payments for the 2007-08 year fail to strike the right balance between protecting weaker schemes and not penalising stronger schemes, an exclusive survey by Professional Pensions reveals.
Some 63pc of PP’s panel of 100 top scheme managers said that an increase in levies would not achieve what the PPF intended. Despite this, 16.6pc of respondents believed that increases would achiev...
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