PPF to make changes to levy calculation

In its 29-page consultation document on the proposals for the 2007/08 levy, it says it has drawn on feedback from stakeholders during last years consultation which called for stability in the second year, as well as drawing on the operational experience of implementing the 2006/07 PPF levy. As a result it says the Board of the PPF is recommending limited changes to the way the levy is distributed among eligible schemes, with the changes focusing on the practical processes behind the levy such as: Revised standard documentation for contingent assets Revised section 179 guidance Revi...