The Pension Protection Fund (PPF) has announced today that it will set up three new professional panels to help manage schemes through assessment and wind-up processes.
The three new panels will be the trustee advisory panel, assessment process legal panel and auditors panel.
PPF head of scheme delivery Sue Rivas said: “It has never been more important to provide certainty to both PPF and FAS members as soon as we can. We have made great strides but believe the setting up of these three new panels will bring substantial benefits not just for our members but for our levy payers too.
“We will be asking for official expressions of interest early in 2013 but between now and then we will be consulting with interested parties about how these panels will work and develop in the future.”
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