Pension Protection Levy 2014-15 – NAPF response
The NAPF has supported the PPF’s decision to leave the formula used for calculating the PPF’s levy on defined benefit pensions schemes unchanged in 2014-15.
In its response, the NAPF draws attention to some issues that it will be looking to discuss with the PPF. These include the average levy bill and the potential impact on the PPF levy of The Pensions Regulator’s new objective, which is currently being determined.