Pensions
Advisory Services

Pension Advisory Services

Pensions, especially Defined Benefit Schemes, are an area of increasing challenge and complexity both for the sponsoring company and the trustees of the scheme.  Increasing longevity and falling returns add to the potential problems faced by directors of employer companies and trustees of the schemes.

Our team can advise on a variety of pension issues including developing commercial solutions to manage pension deficits.

Our services also include:

Transaction Advice

We can advise directors and trustees on either the purchase or sale of a business with a defined benefit scheme, taking into account such factors as:

  • Structure of the transaction for the optimal result
  • Obtaining clearance from the pensions regulator
  • Analysis of the potential result on the scheme of any transaction being considered
  • Assisting directors/trustees in any negotiations with the purchaser/seller of the business

Employer Covenant

This is an independent review we can provide to trustees to help the ability of the sponsoring employer to meet its obligations to the scheme. We will also advise on strategies to enhance the position of the scheme and improve future funding.

Covenant Breach

Should the employer’s covenant be in danger of being breached we can advise the trustees of the strategies which both they and the directors of the company should be considering. In addition we can advise all classes of creditors who may be affected by the subsequent insolvency of a company with a large pension deficit.