NAPF urges caution on PPF levy

The PPF today published its full report on how it will become self-sufficient by 2030. It says by this date its liabilities will mature while the fund will grow and the number of schemes and the risk they pose will reduce. This means it will be difficult for the PPF to charge significant levies by 2030, creating the need for it to find alternative income to pay out compensation as it becomes due. "Pension funds welcome the PPF's ambition to think through its long-term prospects in a transparent way," Segars says. "The key will be to find a balance between a prudent route to self-suffi...