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PTD Bulletin - Autumn 2024

Newsletter covering updates and process reminders from the Protected Trust Deed team 


Foreword from Amy Burns, PTD team leader

Hello and welcome to the next edition of the PTD Bulletin.

The team have been working hard with the trustee organisations to ensure everyone is settling in well with the new review process. The response and completion time has improved greatly and I understand all involved prefer scheduling dates in advance for these reviews.

We have also been liaising with trustees to reduce the number of older PTD's still being administered. If you are still administering PTD's which were protected prior to 31 March 2017, we encourage you to keep moving towards closure as soon as possible.

The PTD regulation amendments came into force on 1 July 2024 which included some of the PTD Protocol requirements and a few other new legislative requirements. An overview is provided within the policy update section.

Should you have any queries or require any support regarding the amendments, please contact the team mailbox.

We are always looking for ways we can improve our processes to carry out AiB’s functions, so any feedback or suggestions will be gratefully received.

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