PPF proposes major levy calculation changes

Jenna Towler
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The Pension Protection Fund has published proposals for the 2011/12 pension protection levy year in a bid to improve the way it assesses the insolvency risk for sponsoring employers of pension schemes that pay the levy.

The PPF said the proposals reflect industry feedback and a review of methodology and insolvency probabilities carried out by Dun & Bradstreet which continues to measure insolvency risk for the life...

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