19th May 2020

20-20 Trustees named to new PPF advisory panel

We are very pleased to have been appointed to the Pension Protection Fund’s (PPF) new advisory panel that has been formed to support Trustees of schemes whose sponsoring employer is stressed or distressed.

The panel is designed to help improve the pre- and post-insolvency experience for both members and Trustees and we will provide advice on issues such as covenant, contingency planning, restructuring, and moral hazards. The latter is an area of particular expertise for 20-20 Trustees Managing Director, Naomi L’Estrange, as earlier in her career she was seconded to government to advise on the moral hazard provisions of the Pensions Act 2004.

You can read about the full panel here. The full press release is also below.

20-20 Trustees are delighted to announce their appointment to the PPF’s new pre insolvency panel, in addition to their reappointment to the post insolvency panel, following the recent tender processes undertaken by the PPF.

We have established an excellent working relationship with the PPF over many years, both in terms of liaising on pre insolvency matters and particularly in carrying out PPF assessment period work. We are delighted to be given the opportunity to formally extend this by securing a place on both of the PPF’s panels.

20-20’s MD Naomi L’Estrange commented ‘We place great value on the relationship we have developed with the PPF over the years and relish the prospect of continuing and further extending this into the future. Both appointments provide us with exciting opportunities and I am certain that the wide variety of skill sets within our talented group of staff will continue to provide excellent service to the PPF and all associated stakeholders involved.