The Pension Protection Fund (PPF) has set its levy estimate for 2015/16 at £635m, 10% lower than this year's total, and said there could be further reductions to come.
The lifeboat fund said the reduced levy reflected the falling risk it faced and was the same as it would have collected had it stuck with its Dun & Bradstreet model. Under the model being develo...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
