PT Trustees Ltd - Independent Trust and Escrow Services
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News
Recent industry updates and articles featuring PT Trustees and ATOL Trusts. Please also check our LinkedIn page for up-to-date news.
The surge in Atol bookings requires financial management
The European Travel Agents’ and Tour Operators’ Association (ECTAA) has warned that revised proposals by the European Parliament for reform of the Package Travel Directive (PTD) threaten fragmentation and confusion.
Trade association urges EU to ‘get it right’ on package travel reform
The European Travel Agents’ and Tour Operators’ Association (ECTAA) has warned that revised proposals by the European Parliament for reform of the Package Travel Directive (PTD) threaten fragmentation and confusion.
PT Trustees Ltd responses to “Package travel – updating the framework 2025” Consultation
PT Trustees welcomes the opportunity to contribute to the “Package Travel – Updating the Framework 2025” consultation. Throughout these consultations, PT Trustees has consistently supported the Hybrid Trust and Bond/Insurance model. As a major provider of Bespoke and/or regulated Trust and Escrow services for Travel and Non-Travel business verticals to financially protect beneficiary funds, PT Trustees has a proven track record in operating effective, compliant and scalable Trust/Escrow Accounts and Hybrid models for insolvency protection.
PT Trustees Welcomes Abby Penston as Executive Business Consultant
We are delighted to announce that Abby Penston from Myexec Ltd has joined PT Trustees as an Executive Business Consultant. Abby brings a wealth of experience in strategic leadership, operational efficiency, and business transformation, having guided organisations through periods of significant change.
Supporting ATOL Holders with Seamless Compliance & Data Management
With the proposed changes to ATOL Standard Term 5, PT Trustees ensures Standard ATOL holders remain compliant with evolving CAA requirements. Our bespoke system, Imperium(L), is designed to efficiently record, maintain, and report booking data at a granular level. With over a decade of experience managing Trust and Escrow arrangements, we provide robust support for compliance and reporting requirements.
UK Customer Spend Report
View Barclays’ latest insights on how spending patterns are changing across the UK.
ABTOT Introduces Hybrid Escrow Accounts and Bonding Initiative
PT Trustees are pleased to confirm that we are working in partnership with ABTOT, and that our Trust and Escrow arrangements have been accepted by the ABTOT ATOL franchise.
The latest update on the CAA ATOL reforms and PT Trustees views on the subject and support for Hybrid Trusts:
ATOL Reform: Assessment of funding arrangements and the protection of customer money
There is no reason to fear trust accounts
PT Trustees director Sudheer Sharma says objections to CAA plans to segregate client money are unfounded