03 April 2014

The Pensions team from Burges Salmon is one of six that has been appointed to the new Pension Protection Fund (PPF) Assessment Period Legal Panel (APLP).

The purpose of the APLP is to advise on assessment tasks and it is the final panel in a set of five launched by the PPF to assist with the transition of schemes into the PPF and through the Financial Assistance Scheme (FAS) wind-up period.

The new panel, which launched on 1 April, will centre its attention on the following three discrete PPF assessment tasks:

  • Admissible Rules
  • Equalisation
  • Benefit Specification

Burges Salmon’s role on the panel, as with the other five firms, will be to work collaboratively with key stakeholders to efficiently progress schemes through the PPF assessment or FAS wind-up periods and to promptly deliver confidence to its members.

Richard Knight, head of Burges Salmon’s Pensions team, said: “We are pleased to have been appointed to the Pension Protection Fund’s New Assessment Period Legal Panel.  We very much look forward to working with the PPF over the next two years, contributing to the further reduction of time that schemes spend in the assessment period and also helping the PPF deliver assurance to its members.”

Key contact

Richard Knight

Richard Knight Partner

  • Head of Pensions Practice
  • Pensions Services
  • Pensions Legal Advice

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