Ilford Imaging UK pension scheme transferred to Pension Protection Fund

The Ilford Imaging UK pension scheme has been transferred to the Pension Protection Fund (PPF).

The transfer, which was completed by Independent Trustee Services (ITS), follows an assessment period for the 3,000-member scheme of one year.

Ilford Imaging UK went into administrative readership in 2004, subsequently entering liquidation in October 2010, which triggered the start of the PPF assessment period.

Chris Martin, managing director of ITS, said: “Despite the complexities around this case, our team has assisted the scheme through the assessment period in 12 months.”

Read more articles on pension schemes