Nationwide charity

Service(s): Corporate Insolvency Solutions, Restructuring Services
Sector: Charity and Not for Profit, Pensions

A insolvent nationwide charity was the sponsoring employer for a long established pension scheme which was closed to new members in 2001. 

Following discussions with various interested parties and acting upon advice from FRP Advisory, the board of trustees of the charity considered that the only way to effect a sale and protect asset values, the charitable purposes and employment, was through an insolvency process.  This was undertaken in consultation with the Pensions Regulator, the Pension Protection Fund and the trustees of the pension scheme.

 



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FRP Advisory LLP is incorporated in England and Wales under the Limited Liability Partnerships Act 2000 as a Limited Liability Partnership. Partnership Number: OC355680.

Registered office: 10 Furnival Street, London EC4A 1YH. A list of members’ names is open to inspection at this address.

Locations: East Midlands, Eastern Region, Kent, London, North, Northern Home Counties, South West, Sussex, West Midlands

www.frpadvisory.com