PPF Levy Consultation 2020/21: PLSA response

PPF Levy Consultation 2020/21: PLSA response

The consultation published by the Pension Protection Fund (PPF) in September 2019 sought views on a number of proposals to amend its levy rules for 2020/21, the final year of its third triennium.

The PLSA supports the PPF’s decision to not make any substantive changes to the rules currently. We also agree with the PPF’s plans for its guidance for contingent assets. 

We urge the PPF to consider extending the deadline for re-certification as well as providing greater flexibility around levy payments.