Pension Protection Fund Levy 2016/17 – Headlines and Deadlines

    View Authors February 2016
    The Pension Protection Fund (PPF) has confirmed its rules governing the calculation of levies for the 2016/17 levy year. It has sought to maintain overall stability in the levy rules but there are minor changes to some areas, such as the recertification of Asset Backed Contributions and the handling of mortgage certifications. The changes are largely intended to reduce burdens for levy payers.

    In our communication we highlight the key areas of change for 2016/17, together with this year’s deadlines. Trustees and employers who are relying on a levy reduction method are advised to check whether any requirements have changed and obtain advice at an early stage.