New restructuring and insolvency requirements

Under new legislation, restructuring professionals and insolvency practitioners must notify us and share documents relating to a moratorium or a restructuring plan if an eligible pension scheme is involved.

The same information also needs to be shared with The Pensions Regulator (TPR).

These important provisions came into force on 25 June 2020 as part of The Corporate Insolvency and Governance Act 2020 and protect both our interests and the interests of the pension scheme.

To help you meet these new obligations you can send the relevant documentation to: [email protected].

For further information visit our Restructuring professionals and insolvency practitioners page or contact our Restructuring and Insolvency team.