Section 120
Notices
When an Insolvency
Practitioner is appointed to a company which has a pension scheme, an
assessment must be made as to whether or not the Board of the PPF and the
Pensions Regulator should be notified.
It is the nature of the pension scheme that
determines whether or not a report is required under Section 120 of the
Pensions Act 2004, and it is vital that action is taken very quickly to avoid
censure. Alexander Forbes Trustee Services can help with the completion of the
report for a fixed fee of £55 + VAT.
S120 for Download