PPF Annual Report - NAPF comment
29 October 2013
Commenting on today’s (Tuesday’s) publication of the Pension Protection Fund’s annual report for 2012/13, James Walsh, NAPF EU & International Policy Lead, said:
“It is important for pension scheme members to know that the PPF’s finances are sound and sustainable, so these latest figures make welcome news.
“Although the PPF is now more confident of hitting its long-term targets, the average levy paid by individual pension schemes is set to increase in the short-term, and this remains a concern. The NAPF remains committed to working with the PPF on keeping the levy affordable.”
Notes to editors:
1. The NAPF is the leading voice of workplace pensions in the UK. We speak for 1,300 pension schemes with some 16 million members and assets of around £900 billion. NAPF members also include over 400 businesses providing essential services to the pensions sector.
Dee Sullivan, Head of Media and PR, (interim), 020 7601 1717 or 07917 506 683, [email protected]
Aimee Savage Richards, Press Officer (interim), 020 7601 1718 or 07825 171 446, [email protected]