PLSA has called on the PPF to cut its £100m levy to zero to reflect DB sector health
Organisation said PPF £100m levy could be ‘more usefully employed elsewhere’
Latest estimate equals the lifeboat fund’s lowest ever levy
SPP’s consultation response warned level is ‘reasonable’ for 2024/25 but not in future
Lifeboat fund has launched a consultation on its 2024/25 levy rules
Lifeboat fund says almost all schemes are expected to pay less levy next year
Lifeboat fund reports strong financial position in latest annual report and accounts
The lifeboat fund has also revised its levy estimate down to £390m
Lifeboat fund says 82% of schemes paying its risk-based levy should see a reduction
The Pension Protection Fund (PPF) has confirmed its fraud compensation fund (FCF) needs to raise a levy of 75p per member, and 30p for master trusts in 2021/2022 — the maximum allowed under current regulations.