The Pension Protection Fund (PPF) has today launched a tender for a new specialist panel which will provide transaction advice to schemes in PPF assessment which are overfunded on a PPF basis (PPF+).
The ‘PPF+ Advisory Panel’ will be made up of four specialist firms who will provide core services to PPF+ schemes including: Transaction Advisor, Scheme Actuary and Investment Support.
The PPF will appoint the panel in February 2022 and the successful firms will be awarded initial two-year agreements with an option of two further 12-month extensions.
Dan Collins, the PPF’s Relationships Manager said: “As we continue to see more PPF+ schemes enter our assessment period, we hope this specialist panel will provide consistency and efficiency to the process. Our aim is for these schemes to exit the PPF assessment period as seamlessly as possible and ensure they secure the best possible outcome for members outside the PPF.”
Potential applicants will need to register their interest online at ppf.bravosolution.co.uk where they can download the relevant tender documentation.
The deadline for applications is at 5pm on 29 October 2021 unless otherwise specified on Bravo.
Any questions prior to accessing the documentation should be sent to [email protected]