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Navigating international trade and tariffs
Impacts of evolving trade regulations and compliance risks
United Kingdom | Publication | September 2025
The PPF has confirmed it will not charge DB schemes a “conventional” levy for 2025/26, saving affected schemes a collective bill of approximately £45m.
The Pension Schemes Bill, which is about to progress to the report stage and third reading in Parliament, includes provisions allowing the PPF to charge a zero levy without affecting its ability to reintroduce the levy at a later date if required.
The PPF is satisfied that the Bill has made sufficient progress to enable a firm decision to be taken regarding this year’s levy. The PPF fund recently marked its 20th anniversary and holds a “robust” surplus of £14bn.
The separate administration levy has not yet been abolished but Pensions Minster Torsten Bell has pledged to introduce a further amendment to the Bill to achieve this.
Publication
Impacts of evolving trade regulations and compliance risks
Publication
The insurance industry is facing a rapidly changing litigation environment. Emerging risks, regulatory developments, and technological advancements are reshaping how insurers approach underwriting, claims, and risk management. Below is an overview of the most significant trends impacting the sector.
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