The trustee of the Woolworths Group pension scheme has appointed Capita Hartshead to guide the scheme through the Pension Protection Fund (PPF) assessment.
This process will be carried out by the firm’s specialist discontinuance service team, which is currently guiding roughly 100 pension schemes through the winding-up process.
Kenneth Donaldson, Capita Hartshead’s director of actuarial services, said: “We are proud and pleased to be working on such a high-profile scheme.
“We will call upon all of our 12 years of focused discontinuance experience to make sure that the transfer of the 10,250 members into the PPF is as smooth as possible.”
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