Insolvency Compliance Reviews - Compliance On Call is an established and highly respected provider of UK insolvency compliance services, providing reviews, documents, online technical support, and ad-hoc compliance assistance to suit each practice. Directors Bill Burch and Gareth Limb, together with Jenny Sheen, have over 70 years' combined insolvency experience and have directly assisted hundreds of IPs with their compliance.
Monday, November 29, 2010
Pensions database
The feedback we are receiving about the PPF’s section 120 pensions database is that it is not very sophisticated and only gives a positive result if there is an exact match on the database for the name of the company you entered in the search box. For example, it would not pick up a company registered on the database as “A B C Ltd” if you entered as your search criteria “ABC Ltd”. As a result, in order to maximise your chances of finding a pension on the database you should undertake searches on all the different permutations where you have initials, and or & in the name of the company. For example, if the company you are dealing with is called “AB & C Ltd” you should search on that name plus as “A B & C Ltd”, “A.B & C Ltd”, “AB and C Ltd” etc. In any event, even if you get a “no results found” response you should still check with the directors and accountants and look at the company’s financial statements and bank statements to identify any potential pension payments.