The Pension Protection Fund (PPF) is seeking a panel of specialist firms to provide administrative and actuarial services for its scheme assessment process.
Four firms providing both administrative and actuarial services will replace the current model of two separate panels.
The aim of the changes is to provide greater consistency and efficiency during the PPF assessment period, maximise resources and achieve certainty for scheme members.
The panellists will work closely with the PPF, trustees and incumbent firms to carry out specific tasks relating to the PPF assessment period as well as administration and actuarial services.
The PPF expects to appoint the new panel in July with work starting in August 2016. Successful panel members will be awarded initial contracts of two years with the optional extension of 12-months.
Applications close at 5pm on Friday 11 March. Applicants can register online at ppf.bravosolution.co.uk.
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