In last year’s edition of Overview we reported that the administration of the DB Section moved to PS Administration Limited (PSAL) with effect from 1 July 2017. Earlier this year, the Punter Southall Group (to which PSAL belongs) announced its intention to merge a number of its key businesses with Xafinity plc. Punter Southall Group Ltd became the largest shareholder in Xafinity plc and PSAL became part of Xafinity Punter Southall (XPS).