PPF to speed up transfers by 2009

In its three-year plan, the PPF also highlights ways it will try and reduce risk in the pensions system, which could lead to a reduction in the risk-based part of the levy. It claims this will be achieved by building confidence in the system and a consensus, while also developing early warning systems and incentives to encourage employers to improve the funding position of their schemes. However it also points out, at the moment, only a very low ratio of schemes are actually being accepted into the assessment period of the PPF, as the majority of insolvency notifications relate to defin...