Practice areas

Pension scheme funding is a complex and potentially contentious issue.  Improving mortality and low investment returns have increased the cost of past pension promises, at the same time as the regulatory climate has become significantly more onerous.

We advise both trustees and corporate groups in relation to scheme funding issues, including cases where agreement cannot be reached between the parties.  This may include consideration of scheme funding in the context of corporate transactions, reorganisations and refinancings. A wider perspective may be required to ensure the pension cost is managed as efficiently as possible and does not cause undue disruption to business.