PPF

Salary sacrifice cap, pre-97 inflation protection, DB surplus release, IHT and British Coal scheme

Insight Investment says DB surplus release policy could achieve ‘much more’

CPI-linked protections capped at 2.5% a year and will come into effect in January 2027

Lifeboat fund proposes a zero levy for conventional DB pension schemes

TPR has now ceased its regulatory action against ITV and associated entities

Report covers stewardship, climate transition and corporate sustainability

While many see cutting levy as ‘only fair’, some warn safeguard for innocent victims should remain

Trade union says move would benefit as many as 400,000 pensioners

BP Pension Fund £1.6bn buy-in, PPF levy cut to zero and Standard Life set to launch private markets strategy

Organisation says legislative change is needed to abolish ‘unnecessary’ levy