27.05.2025
“We remain focused on delivering for our current members and levy payers. Reflecting the strength of feedback from members, levy payers and industry groups for changes to the levy and fresh consideration of our compensation framework, we will continue to prioritise working closely with colleagues in government to progress these issues.” said a PPF spokesperson.
“We welcome the government’s recognition of the role the PPF could play delivering a small, focused Government Consolidator for the defined benefit market. We will support the government as it considers this further, and engage industry stakeholders, so any future solution suitably complements existing commercial providers and delivers good member outcomes.”