2024/25 levy consultation
Our consultation on the levy rules for 2024/25 is now open and we welcome your views and thoughts on shaping the future levy. The consultation will remain open until 30 October 2023.
Our press release explains the focus and key points of the consultation.
Our consultation on the levy rules for 2024/25 is now closed. We will publish the levy rules for 2024/25 in December 2023.
TPR and PPF consultation on asset information
The joint consultation with TPR and the PPF setting out the proposed changes to the asset class information TPR collects annually from DB schemes via the scheme return closed in June 2021.
From 2023, The Pensions Regulator (TPR) started asking trustees of defined benefit (DB) schemes for more information about how they allocate their assets.
This additional data, gathered from annual scheme returns, will assist TPR in assessing the investment risk of schemes and support the Pension Protection Fund (PPF) in its levy calculation.
More information is available on TPR’s website.