UK Pensions - PPF defends levy scaling factor increase


Partha Dasgupta, the chief executive of the Pension Protection Fund (PPF), which acts as a lifeboat for members of insolvent UK pension schemes, issued a stout defence of the decision to raise the scaling factor at which the levy is calculated, arguing that improved data over the level of risks was a major factor in the increase.

To meet its three-year capital requirements, the PPF needs to raise £675 million from its levy each year, with 80% of the levy based on a scheme's perceived riskiness an

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: