The Pension Protection Fund will reduce the cap on its risk-based levy to 0.5% of liabilities.
In its consultation on the 2010/11 levy, published today, the lifeboat fund said the move would help protect 10% of the schemes which pay the levy - an increase from the 5% of vulnerable schemes pr...
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
