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PPF and CBI publish tips for levy reduction

The Pension Protection Fund (PPF) and the CBI have jointly published information for pension schemes, advisors and trustees on ways that a scheme’s levy can be reduced.

‘How to reduce your pension protection levy’ provides information about how the levy is calculated and suggests 10 actions a scheme can take to decrease the amount of levy it pays. Schemes are also reminded to make sure they provide the Pensions Regulator and D&B with up-to-date and accurate scheme data before the data deadline on 31 March 2010, for use in the 2011/12 levy.

 

[Published: 17 March 2010]

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