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Joint evidence session between the work and pensions and business innovation and skills select committees on the collapse of BHS - day two: adviser group 1

Monday 23 May saw the turn of the advisers. This update concentrates on what we will call “adviser group 1” comprising Emma King, the trustees pension lawyer (Eversheds); David Clarke, covenants adviser to the trustees (KPMG); Tony Clare, restructuring pensions adviser to Taveta Investments Limited, the previous owner of BHS (Deloitte); Ian Greenstreet, pension lawyer to Taveta Investments Limited (Nabarro); and Richard Cousins, the independent actuary to the Taveta group (PWC).

United Kingdom, Employee Benefits & Pensions, Insolvency & Restructuring, Penningtons Manches Cooper LLP, Department for Work and Pensions (UK), KPMG, Trustee
Pensions Regulator issues statement for insolvency practitioners: trustee appointments and statutory notices

Help is at hand for insolvency practitioners (IPs) who need clarification on the Regulator’s views on scheme trustee appointments and statutory notices. The Pensions Regulator recently released a statement intended to assist IPs to understand these two areas which are of particular relevance to them.

TRUSTEES

The statement deals with scheme trustee appointments in four areas:

United Kingdom, Employee Benefits & Pensions, Insolvency & Restructuring, Penningtons Manches Cooper LLP, The Pensions Regulator (UK)