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Payment of dividends, guarantees or loan notes

Where and how to make payments relating to restructuring recoveries.

This applies to amounts due to a pension scheme in respect of:

  • dividends from insolvent estates
  • guarantee payments in respect of pension scheme employer liabilities, and
  • loans notes in respect of restructuring deals

If the pension scheme is still in assessment when a payment is due or has completed assessment and exited the PPF, please make sure the payment is sent to the trustees of the appropriate pension scheme.

If the assessment period has been completed and the scheme has transferred to us, please pay any amounts due  into the following account:

Account name: PPF Insolvency Receipts
Bank:  HSBC Bank Plc
Sort code: 40-41-70
Account No:  90008028
Reference: Please include the pension scheme name
IBAN: GB91MIDL40417090008028
Swift Code: MIDLGB22


Check our schemes list to see whether a scheme has transferred to us or is still in assessment.

Please note: this account is exclusively for the receipt of insolvency and restructuring recoveries. It shouldn't be used to make levy payments.