Publication
Watt’s up: Regulatory round-up – July 2025
Norton Rose Fulbright provides a monthly overview of the key updates to Australian East Coast energy regulation.
Pensions UK calls on government to abolish PPF administration levy
United Kingdom | Publication | July 2025
Pensions UK (formerly the PLSA) has called on the Government to abolish the PPF administration levy, in a press release on July 3, 2025.
After a two-year pause, the administration levy has begun to be re-billed to schemes. Pensions UK considers that this could undermine the benefits of proposals in the Pension Schemes Bill 2025 to allow the risk-based PPF levy to be reduced to zero. It also refers to the 2022 departmental review of the PPF, which concluded that the administration levy was an "unnecessary complexity" and should be abolished.
As a result, Pensions UK asks the Government to include provisions in the Pension Schemes Bill 2025 to abolish the administration levy and permit the PPF to meet its operating costs "through its own Fund and substantial surplus".
Partner
Email
lesley.browning@nortonrosefulbright.com
Recent publications
Publication
Climate change litigation update
In the two years since our last climate litigation update, the prevalence and variety of global climate litigation around the world has continued to increase.
Publication
Keeping possession: English football enters a new era of regulation
Now in its sixth year, our annual English Premier League (EPL) football report, Keeping Possession, captures insights from our global sports law team on the key trends and topics shaping the landscape of English football.
Subscribe and stay up to date with the latest legal news, information and events . . .