20-20 Trustees publishes on its website:
“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.”
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