Ryan is one of Open Trustees’ Scheme Managers and is fully accredited as a professional pension trustee by the Association of Professional Pension Trustees (APPT).
Ryan is responsible for managing pension schemes that have entered a Pension Protection Fund (PPF) assessment period following the insolvency of a sponsoring employer. Ryan is also responsible for supporting the Open Trustees Directors on some of the team's larger and more complex appointments.
Ryan works collaboratively with scheme advisers in order to progress matters efficiently and pragmatically, and is always on hand to help members when issues arise.
Helping you succeed in tomorrow's world
With over 10 years of experience working on schemes in PPF assessment, I have seen first-hand the many thousands of members whose hard-earned pension benefits have been protected by this valuable resource. In these uncertain times, no sponsoring employer is immune to financial strain and we are here to help when schemes need to call on the PPF for support.
Old British Steel Pension Scheme
Assisting the Directors of Open Trustees to manage the Old British Steel Pension Scheme through its PPF assessment period tasks, and providing the Directors with support on the subsequent high profile buy-in (and eventual buyout) of the Scheme.
Complex benefit rectification exercises
Managing complex benefit rectification exercises to ensure that benefits have been paid in accordance with a scheme's governing documentation. Co-ordinating with pension scheme administrators to apply any necessary adjustments and communicating with members.
Scheme investment strategies
Reviewing scheme investment strategies and implementing any requisite changes to ensure those strategies remain appropriate. This has involved dealing with complex investment strategies, directly held properties and phased asset transfers.