Pensions & Insolvency Compliance Review
Our Compliance Review for Insolvency Practitioners will ensure that you meet your statutory obligations for occupational pensions at every stage of the insolvency process, reducing risk and any resulting penalties.
We review your current in-house insolvency procedures and checklists, then make recommendations to ensure that you are compliant with all pension regulations at key stages of the insolvency process, including pre-appointment, post appointment, creditor distribution and case closure.
We will also help you streamline your approach to pensions, ensuring that no procedures are missed out or duplicated.
Some of the legislative issues that we consider are:
- Identifying pension schemes that are of particular interest to the Pension Protection Fund who are likely to be the largest creditor in the insolvency.
- s120 Pensions Act 2004
- s122 Pensions Act 2004
- s22 Pensions Act 1995 as amended by s36 (2)(d) Pensions Act 2004
- Auto Enrolment
If you are concerned that your current insolvency processes may not be pension compliant or you would like to streamline your approach to achieve greater efficiency, then please get in touch to discuss your requirements.
“Clumber Consultancy recently reviewed our internal processes and checklist for pensions in an insolvency. I was particularly impressed with the pension knowledge and attention to detail demonstrated at key stages of the insolvency process. The recommendations made have provided me with peace of mind that our risk approach in relation to pensions is robust and appropriate. I would highly recommend this service to any insolvency practice in this respect.”