Skip to content

News

Latest news/insight

Private credit: Misguided fears and the real risks

Private credit recently hit the headlines for all the wrong reasons due to the collapse of First Brands and Tricolor. But these are not typical...

Read article “Private credit: Misguided fears and the real risks”

4 minutes

Brightwell comments on PPF Levy Reform in the Pension Schemes Bill

Commenting on the inclusion of a provision in the Pension Schemes Bill to remove the restrictions that prevent the Pension Protection Fund (PPF) from reducing the annual pension protection levy it collects, when it is not required and confirmation from the PPF that it will hold off invoicing for the 2025/26 levy, Morten Nilsson, CEO, Brightwell said: “Today’s announcements are a long-awaited victory for common sense and will be widely welcomed by levy payers.

“Allowing the PPF greater flexibility in setting the levy better reflects the improved funding of defined benefit pension schemes and the substantial surplus within the PPF.

“I hope this will now enable the PPF Board to reduce the levy for 2025/26 to zero which is the ultimate goal.”

Published:

05 / 06 / 2025

Share Article:

Media enquiries contacts

Amy Mankelow​

Head of Communications and External Relations

Explore other articles

DB Decoded – Issue 1

We're pleased to share the first edition of DB Decoded – a new digital publication from Brightwell, created to explore the key questions shaping today's pensions landscape. Each edition focuses on a single theme, bringing together expertise from across our specialist teams to provide practical insight and informed perspectives. In our inaugural edition, we explore the world of pensions administration and ask a simple but important question: Is pensions administration finally having its Cinderella moment?

Find out more about “DB Decoded – Issue 1”

10/08/2026

Pensions Unpacked Season 2 Episode 4: What does the new Burnham government mean for pensions policy?

In the latest Brightwell Pensions Unpacked podcast Dave Eaton from H/advisors, Tiffany Tsang from Pensions UK and Amy Mankelow from Brightwell chat about what’s likely to stay the same, what could change and how Burnham and his team might approach the thorny question of pensions adequacy. In this episode we also touch on Count Binface, the possibility of a general election before the year is out and whether pensions dashboards could give the sector a ‘Martin Lewis’ moment.

Find out more about “Pensions Unpacked Season 2 Episode 4: What does the new Burnham government mean for pensions policy?”

07/08/2026

Subscribe

    Email subscription form

    For information on how we use your personal data read our terms & conditions and privacy statement.