Following The Pensions Act 2004, trustees are expected to obtain independent financial advice, particularly when assessing funding risk, the sponsor covenant and the impact of proposed or potential transactions.
We provide clear advice, recommendations and practical assistance to trustees, including:
assessments and advice in relation to employer solvency and funding risk
ensuring that the trustees are positioned for material corporate events which may impact on funding
analysis of the impact of transactional events and balance sheet restructurings on the company covenant
communications and negotiations with the sponsor company and its advisers
recovery plan negotiations
assessment of annuity buy-out proposals and advice on derisking transactions
