In addition to announcing its new “tougher” stance, the Pensions Regulator has said it will take a more proactive approach to smaller schemes’ compliance with its requirements and expectations....
The Pension Protection Fund (PPF) has become an important player for defined benefit pension schemes. Our experts will work with you to ensure that ongoing returns are properly dealt with in good time for the PPF’s often inflexible deadlines. We assist in providing contingent asset and other funding solutions to improve the PPF levy position and achieve strategic objectives.
If a scheme is expecting to enter the PPF, challenges can be more significant. Our experienced lawyers have a comprehensive understanding of the challenges involved, and work with trustees and employers alike to ensure that appropriate strategies are put in place, with realistic goals and timescales proposed and adhered to. Once a scheme is in assessment for PPF entry, we engage with both trustees and the PPF caseworker to ensure a timely completion of the process.
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