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2026/27 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 2026/27 closed on 5 January 2026.

We’ve announced that we will set a zero levy for conventional DB schemes while maintaining a proportionate risk-based charge for Alternative Covenant Schemes next year (2026/27).   

For further details, including additional information for schemes, view our announcement

We will publish the policy statement and final levy rules for 2026/27 before 31 March 2026.