PPF makes early announcement on 2010/11 levy

PPF chief executive Alan Rubenstein told delegates at the Confederation for British Industry annual pensions conference this fulfils a commitment made in August 2007 when the PPF said that it would keep the levy estimate stable for three years. The announcement on the levy estimate has been made earlier in the year than normal to help ease the continuing economic uncertainty faced by employers and pension schemes which have to pay the PPF levy. Rubenstein said: "Despite the economic climate deteriorating considerably since last year, we believe it's important to stick to our commitment ...