Skills for Logistics (SfL) is closing its doors after more than a decade in operation, with the board considering placing the business into voluntary administration. In an official statement, SfL's management team said the move followed pressure placed on the business by the trustees of the pension scheme, which SfL joined following its launch in 2003. A significant pension deficit and ongoing recovery payments "placed extreme pressure on a smaller SfL business in a rapidly changing economic environment", the statement said. It continued: "SfL has worked hard to exist and be effective over the past two to three years in the new world of substantially reduced public funding for skills initiatives.
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