Trustees risk seeing their Pension Protection Fund levy rise by "millions" if they do not focus on the type of guarantee given by scheme sponsors, Mercer warns.
The consultant said that, under guidance issued by the lifeboat fund in December 2011 and clarified last month (PP Online, 23 February ), trustees using ‘Type A' guarantees must confirm the value o...
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
