What happens to the scheme you’ve been looking after when the sponsor goes insolvent and there are insufficient assets to secure member benefits in full?
Historically, most of these schemes would have ended up in the PPF. But with recent improvements in funding levels, many of these schemes are now overfunded on a PPF basis and can move beyond the PPF.
And the beyond is great… There are many options available and a great deal of technical analysis required. The ultimate goal is securing value for members in excess of PPF compensation.
In this session we will explore the great beyond, using case studies to consider the journey of a scheme from insolvency through to securing benefits and wind-up.