Bagshaws of Melton scheme transferred to Pensions Protection Fund

Barnett Waddingham has completed the administration process to allow the Bagshaws of Melton retirement benefit scheme to be transferred to the Pensions Protection Fund (PPF).

Mike Rachman, a partner at Barnett Waddingham, said: “Managing a pension scheme through a PPF assessment period is a challenge that is unfortunately being faced by more and more trustees. 

“There are complex technical issues and tough deadlines to face, while at the same time trustees need to communicate with members who may be worried about their pensions.”

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