Industry rejects returning PPF surplus funds to levy payers

Kristian Brunt-Seymour
clock • 4 min read

Any surplus funds the Pension Protection Fund (PPF) accumulates should not be returned to the levy payers who provided them, according to almost 60% of respondents.

It comes after lifeboat fund's annual funding report for defined benefit (DB) scheme members' benefits showed a £4.1bn surplus up from £3.6bn the year before. This raised the question of whether an...

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