NAPF: Cap reform will mean 'vast majority' of schemes will pay more PPF levy

Jonathan Stapleton
clock

The "vast majority" of schemes will pay more levy under rules laid down by the Pension Protection Fund last week, the National Association of Pension Funds says.

The trade body said the lifeboat fund's 2010/11 pension protection levy policy statement - published on Friday - was "mixed news" for most levy-paying schemes even though the overall levy would rem...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB transfer values remain steady in Q4 2025, XPS finds

DB transfer values remain steady in Q4 2025, XPS finds

XPS says Transfer Value Index saw ‘greater stability’ in H2 2025 compared to H1

Martin Richmond
clock 26 January 2026 • 1 min read
Northumbria University staff vote for strike action over pension plans

Northumbria University staff vote for strike action over pension plans

UCU says university’s plans to move staff to USS is ‘attack on long-term retirement security’

Martin Richmond
clock 26 January 2026 • 2 min read
Most DB members open to run-on, Hymans Robertson finds

Most DB members open to run-on, Hymans Robertson finds

Firm says trustees should promote open communication to address any concerns

Jasmine Urquhart
clock 20 January 2026 • 2 min read
Trustpilot