About the CFDG
Consultation on the Future Development of the Pension Protection Levy
This consultation is now closed.
We are particularly concerned by the proposals relating to long term risk which could have serious implications for many charities. The change to the levy is intended to reflect the long-term risk of employer insolvency, particularly in stressed situations but is based on a score at a single point in time which may not reflect the long term risks. As they stand at present the proposals are likely to result in employers which have a low probability of insolvency over one year seeing a significant increase in their levy and this includes charities.
