PPF announces levy lowest ever of £550m

Jenna Towler
clock •

The Pension Protection Fund 2012/13 levy determination has been set at £550 - the lowest ever demand.

It is also the first year of a new three-year levy framework aimed at making it more stable and predictable. The lifeboat fund also published guidance for schemes on what to do next. PPF chie...

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

Join now

 

Already a Professional Pensions
member?

Login

Jenna Towler
Author spotlight

Jenna Towler

View profile
More from Jenna Towler

Phoenix posts £4.8bn bulk purchase annuity results

Prudential sells £12bn annuity book to Rothesay Life

More on Defined Benefit

DB schemes continue to be in surplus in March despite number of challenges, PwC finds
Defined Benefit

DB schemes continue to be in surplus in March despite number of challenges, PwC finds

Consultancy warns schemes facing number of challenges following recent market volatility

Martin Richmond
Martin Richmond
clock 11 April 2025 • 3 min read
Charity DB schemes' positive funding levels to encourage focus on endgame planning
Defined Benefit

Charity DB schemes' positive funding levels to encourage focus on endgame planning

Spence report finds 44% of charities no longer making deficit recovery contributions

Martin Richmond
Martin Richmond
clock 10 April 2025 • 3 min read
DB transfer compensation drops in Q1, Broadstone finds
Defined Benefit

DB transfer compensation drops in Q1, Broadstone finds

But firm says if markets continue to fall, redress levels will likely rise back up

Holly Roach
Holly Roach
clock 10 April 2025 • 1 min read
Trustpilot