Pension Protection Fund levy to incorporate investment risk
PPF consults over basing the majority of levy payments on the level of scheme’s risk
Investment risk may soon be factored into the risk-based levy UK pension funds have to pay to protect policyholders against their insolvency, depending on the results of a consultation launched by the Pension Protection Fund (PPF).
The Croydon-based PPF's proposals for a new bottom-up approach to the calculation of the levy are part of its strategy to become self-sufficient by 2030 – the point at which it expects the majority of its liabilities to have crystallised. It also came as a response to
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