The Parliamentary Contributory Pension Fund (PCPF) for MPs and ministers has appointed law firm Sackers to advise its trustees.
Sackers was selected after a competitive tender process and will work with trustees to help the PCPF meet its objectives.
Robin Simmons, who led the tender on behalf of Sackers, said: “We look forward to a long and successful working relationship with the trustees and the Pensions Unit at the House of Commons, particularly as the fund is the subject of close public scrutiny.”
Jimmy Walker, head of pensions at the House of Commons, said: “Our responsibility is to deliver the highest level of service for our members and manage the Fund's investments effectively. We therefore require the Trustees' advisers to meet our exacting standards. The PCPF is a unique scheme and the Trustees felt that a specialist law firm, such as Sackers, who were appointed following a rigorous selection process, would have the skills required to help them meet their objectives.”
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