Comment: The PPF has kept its word - is this a good thing?
The Pension Protection Fund proposal to reduce the cap on its risk- based levy to 0.5% of liabilities has had a mixed reception.
The lifeboat fund said the move would help protect 10% of the schemes that pay the levy - an increase from the 5% of vulnerable schemes protected under the previous cap of 1%. Yet, as the PPF also confirmed...
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