PPF confirms 2011/12 levy will drop to £600m

Jonathan Stapleton
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UK - The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m ($933m) in 2011/12.

In its levy policy statement, the lifeboat fund said the significant reduction in the levy estimate from £720m in 2010/11 to £600m for 2011/12 resulted from the proposed move from RPI to CPI indexa...

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Jonathan Stapleton
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