PPF news – risk-based levy


On 12 July 2005, the Board of the Pension Protection Fund (PPF) published its proposals for the introduction of the risk-based levy for all schemes potentially eligible for the PPF. The risk-based levy will apply from the financial year 2006/7. As the Pensions Act 2004 makes provision for at least 80% of the PPF levy to be risk-based, this information is crucial for trustees and employers of eligible schemes.

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