Lifeboat fund caveats positive outlook noting impact on assets is currently less certain
Levy cut comes as lifeboat funds redefines funding objective as ‘maintaining resilience’
Scrapping the limit would give PPF the flexibility to waive levy in the future
Roadmap includes plans for service, continued digital transformation and sustainability
Levy increase could amount to £5m a year for some auto-enrolment schemes
PPF 7800 funding ratio hits 15-year high amid rise in bond yields
The lifeboat fund has also appointed two new firms to its legal panel
Approach following landmark ruling for PPF leaves FAS members as ‘second-class citizens’
Big improvement in bond yields help index record highest funding level in nearly 15 years
The lifeboat fund has also revised its levy estimate down to £390m