Trustee Good Practice Guide

Further reading

There are a number of websites listed which may be useful to both trustees and advisors involde in managing schemes through the PPF assessment process.

Pension Protection Fund
Trustee guidance
The trustee guidance is a practical guide to the assessment process which should be used in conjunction with the good practice guide.
www.pensionprotectionfund.org.uk/index/trustee_guidance.htm

Pensions Act 2004
PPF legislation – Pensions Act 2004
The role of the PPF and its legal obligations are set out in the Pensions Act 2004. Part 2 of the Pensions Act 2004 sections 107 to 220 and Schedules 5-9 outline the key requirements of the PPF.
www.opsi.gov.uk/acts/acts2004/ukpga_20040035_en_10#pt2

Plain English Guide to Pensions Act 2004
A plain English guide to the Pensions Act 2004 has been produced which sets out the key features of the Act in a simple, easy to read format.
www.law-now.com/cmck/pdfs/nonsecured/plainengpensionsact.pdf

The Pensions Regulator
Trustee Toolkit
The Pensions Regulator has developed a training module which looks at insolvent defined benefit schemes. This module, which forms part of the Pensions Regulator’s Trustee Toolkit, has been designed to serve as either an introduction or refresher to the PPF assessment process depending on the users previous experience. It sets out the basic principles of the process in a simple, easy to follow format and should equip lay trustees with a sufficient level of understanding of the process to enable them to decide whether they would benefit from the expertise of an independent trustee.
www.trusteetoolkit.com

Independent trustee appointment form
The form above can be completed to request an independent trustee. Alternatively, a trustee board can ask their PPF caseworker to liaise with the Pensions Regulator and co-ordinate the appointment of an independent trustee.
www.thepensionsregulator.gov.uk/pdf/appointingtrustee.pdf