Pensions Protection Fund to cost £600m annually - papers 20th Feb

It is also the largest firms which are likely to have to bear the brunt of the cost, suggests John Ralfe, pensions consultant, as one of the measurements of risk has to take into account the amount of equities held by pension funds. This is likely to increase equity risk to £60bn rather than the £28bn many experts have already predicted, which in turn will force companies to pay £600m a year, if a 1% levy is imposed. STANDARD LIFE’S with-profits funds is said to have missed out on gains totalling £230m as stock markets have risen sharply over the last five days, says this morning’s ...