PPF could seek special levy for DB consolidators
'Appropriate risk-based levy charge' would be considered
Defined benefit (DB) consolidation vehicles may be subject to a special levy if they are deemed eligible for the Pension Protection Fund (PPF) in the event of a failure.
The lifeboat fund said an "appropriate risk-based levy charge" would be considered if members in such consolidators, also known as ‘superfunds', were able to claim compensation under legislation. Giving...
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