Squire Sanders has been appointed to the legal panel of the Pension Protection Fund, following a lengthy competitive tender process.
The Pension Protection Fund is a statutory fund run by an independent board which compensates members of defined-benefit pension schemes in the event of an employer’s insolvency.
Squire Sanders has been appointed to provide pensions, corporate, insolvency/restructuring, freedom of information and data protection advice to the Pension Protection Fund.
The Squire Sanders team was led by Philip Sutton and Helen Miles (Pensions), Stephen George (Restructuring & Insolvency), and Caroline Egan (Intellectual Property & Technology).
Philip Sutton commented: “We are delighted to have been appointed to such a key panel which recognises not only the depth of our market-leading pensions experience, but also our wider commercial, financial and regulatory capability. Our appointment will not only mean that the Pension Protection Fund will be able to use our services, but as a result of the standardised procurement process behind our selection, a number of other public sector organisations who may wish to contract with us can do so without the need to go through a separate tender.”