The Pension Protection Fund
In the past when companies failed it has often meant members losing a significant proportion or even all of their pension benefits. Fortunately, the Pension Protection Fund (PPF) now offers members some guarantees.
The PPF transition process is complex and with no corporate sponsor, trustees can feel isolated and the need for professionals to take control of the process is paramount.
At the forefront of developments since the inception of the PPF Spence & Partners have a successful track record of delivering projects in accordance with agreed timescales, budgets and compliance measures.
With 13 completed PPF transfers and several others underway we have an in depth knowledge of the PPF trustee performance process and scoring mechanisms. Trustees we work with consistently receive high scores from the PPF for trustee monitoring assisted by our project management.