Press releases

PPF confirms levy determination for 2019/20

Following the consultation launched in September, the Pension Protection Fund (PPF) has today published its final levy rules for the 2019/20 levy year.

Pension Protection Fund announces levy estimate for 2019/20

Levy estimate for 2019/20 will be £500 million, down from £550 million in 2018/19

PPF Confirms Levy Determination for 2018/19

PPF confirms Levy Estimate at £550 million for 2018/19

Pension Protection Fund launches Consultation on Contingent Assets in the PPF Levy

The Pension Protection Fund (PPF) has today (Thursday) opened a short consultation relating to contingent assets in the PPF levy. This will be of particular interest to schemes and employers that are considering putting a contingent asset in place, those who currently have one in place, and those who advise on them.

Pension Protection Fund Levy Estimate 2018/19

Levy estimate for 2018/19 will be £550 million, 10 per cent lower than 2017/18 (£615 million)

PPF publishes its strategy for the next three years

Financial Assistance Scheme administration to be brought in-house.

PPF Confirms Final Levy Determination for 2017/18

The Pension Protection Fund today confirmed the levy rules for 2017/18. The final levy rules are not substantively changed from those published in December, except to include the levy rule for schemes which cease to have a substantive sponsor following a restructuring.

PPF consults on levy rules for next three years from 2018

The Pension Protection Fund (PPF) has today (Thursday) launched a consultation outlining how it intends to develop the Pension Protection Levy for the next three year period, or triennium, starting in 2018/19. The consultation involves a detailed set of proposals together with supporting roadshows and webinars.

PPF opens consultation on levy rule for new arrangements with no substantive sponsor

The Pension Protection Fund has today published its consultation document on its proposed levy rule for schemes without a substantive sponsor, for inclusion in the 2017/18 Levy Determination.

PPF Confirms Levy Determination for 2017/18

 Levy rules for 2017/18 to remain largely unchanged for third year of the triennium

The Pension Protection Fund updates on third levy triennium work

The Pension Protection Fund (PPF) has published an update on its plans for the third levy triennium starting in 2018.