The Irish High Court has approved a scheme of arrangement whereby the corporate trustee business of Planlife Trustee Services Limited (PLTS) has been transferred to Trustee Principles Limited (TPL) with effect from Monday 2nd July 2018. TPL now acts as trustee to all corporate pension schemes where PLTS has been appointed.
Willis Trustsure Limited merged with Trustee Principles Limited by way of a merger by absorption under Part 9 of the Companies Act 2014 on Monday 2nd July 2018 (the “Merger”). Pursuant to the Merger, TPL acquired all the assets and liabilities of WTLand all WTL schemes are now operated by TPL.