Penfida Limited

Thank you for your interest in Penfida which now forms part of the XPS Covenant team. The enlarged XPS covenant team, headed by Arabella Slinger, was created following the acquisition of Penfida by XPS Group in September 2022. The combination has enabled us to expand and enhance our covenant services, including by drawing on the expertise of the broader Group which is a leading player in the wider pensions sector. We continue to provide the best advice possible to all our trustee and corporate clients. This includes covenant advice in the context of triennial valuations and ongoing covenant monitoring, to advice in specific situations, such as corporate transactions, restructurings, refinancings, contingent asset arrangements and scheme events such as transferring risk to an insurer. For more information on XPS Covenant is available here: