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BN50 - The 2010/11 Pension Protection Fund Levy Consultation

Briefing Note

In line with previous years, the Board of the Pension Protection Fund (the PPF) has issued a Consultation report setting out its proposals for the calculation of the PPF levy for 2010/11.
The PPF has proposed some minimal changes to the levy calculation, which have, in part, been driven by the desire to lessen the burden on the weakest schemes during these challenging economic times. Whilst subject to consultation, the main proposals are considered firm and are unlikely to change.
This BBS briefing note summarizes the proposals.

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