Chris Ramsey FIA, Associate, Barnett Waddingham
The Pension Protection Fund (PPF) released a consultation on 27 September 2017, setting out draft rules for the PPF levy and significant changes on the way this will be calculated. The changes are designed to improve the fairness of the levy, but will inevitably lead to winners and losers and for some schemes, the change in levy will be very significant.
We’ll be looking at the impact of the PPF’s proposals and what actions trustees and employers can take to reduce their levy.