Of interest to all schemes providing defined benefits, is the publication by the Pension Protection Fund (PPF) of its final levy determination for the 2018/19 levy year, which starts on April 1, 2018. The 2018/19 levy year is the first year of the third levy triennium (the three-year period running from 2018/19 to 2020/21).
The published policy statement outlines responses to its draft levy rules which were issued for consultation in September 2017, together with the final determination and associated updated guidance appendices. Click here for more.
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