The move, announced in the Budget details this week, means a headache for IFAs considering transferring clients from potentially vulnerable final-salary schemes. If they advise clients to remain in the scheme or buy added years and the firm cannot later meet its pension liabilities, then advisers could be open to misselling claims. Richard Jacobs Pension & Trustee Services director Richard Jacobs says: “How on earth can we advise on that? Advisers will have to go with the DB schemes but it opens the doors for pension misselling all over again.” Hargreaves Lansdown head of pension research Tom McPhail says scheme members could become more insistent about transferring out. The Government has also revealed it will now be funding the PPF in part, albeit through the back door, as it has committed to paying tax relief on the 300m levy paid by schemes, which will amount to 90m in the PPF’s first year, rising to 180m next year when the risk-based levy is introduced, which is expected to double the levy to 600m. The Government had pledged 20m to support the Financial Assistance Scheme each year for 20 years and had said it would not support the PPF.