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If you need further help and support, please feel free to give us a call or email. We welcome direct and early engagement and always treat all conversations in strict confidence, even speaking on a ‘no names’ basis initially if you prefer.

General guidance on insolvency and the assessment period

These notes will help you meet your statutory obligations and our expectations conducting insolvencies during the assessment period.

General guidance for insolvency professionals

Our restructuring and insolvency guidance notes

Guidance Note 1 – Our legal standing and approach to the governance of insolvency proceedings

Information on our standing as a creditor and our approach to creditors meetings and committees.

Download R&I Guidance Note 1

Guidance Note 2 – Insolvency practitioner remuneration

Guidance that IPs should consider before submitting proposals or other fee requests.

Download R&I Guidance Note 2

Details on the maximum fee rates that we will pay on insolvency cases.

Costs incurred up to 30 November 2023

PPF Fee Rate Card

Costs incurred after 1 December 2023

PPF Fee Rate Card

Guidance Note 3– Pre-packaged administrations

An explanation of our approach where a pre-packaged administration is proposed or has occurred.

Download R&I Guidance Note 3

Guidance Note 4 – Potential legal actions contemplated by insolvency practitioners

This guidance note explains our approach to potential legal actions that IPs might contemplate. It also sets out how we’ll view a defence to legal action.

Download R&I Guidance Note 4

Guidance Note 5 – Company voluntary arrangements

This guidance sets out what we will consider when assessing company voluntary arrangements

Download R&I Guidance Note 5

Guidance Note 6 – How PPF drift arises and should be addressed

What is PPF drift and why it is financially important to us.

Download R&I Guidance Note 6

Guidance Note 7 – Appointment of independent trustees 

Why we have a panel of scheme trustees specifically to help with the assessment period and how IPs can help with their appointment

Download R&I Guidance Note 7

Guidance Note 8 – Situations involving new or successor schemes 

In rare cases a new or successor scheme may be created through an insolvency or restructuring procedure.  Here are some of the important matters to consider.

Download R&I Guidance Note 8

Guidance Note 9 – Corporate insolvency and the Governance Act 2020

Guidance on our approach to the legislation and what we expect from monitors and parties proposing a restructuring plan.

Download R&I Guidance Note 9

Guidance Note 10 – Potential claims as a result of employer insolvency

The PPF’s approach to certain claims that can arise following the insolvency of an employer of a defined benefit pension scheme.

Download R&I Guidance Note 10

Guidance Note 11 – Scheme rescue notices and the PPF’s approach

The PPF approach to scheme rescue proposals and how we address conditional rescues and protect the PPF position.

Download R&I Guidance Note 11

Guidance Note 12 – Completing forms for claims on the Redundancy Payments Service

Provides help in completing RPS forms to ensure prompt processing of claims.

Download R&I Guidance Note 12

Guidance Note 13 – Guidance for trustees on their approach on PPF consideration in distressed employer situations

Sets out the tests & issues that the PPF believes are key for trustees deciding whether a scheme should be allowed to continue with a distressed employer.

Download R&I Guidance Note 13