Client feedback

“Alex is the first professional trustee we have had and has revolutionised the way they look at things - helped above and beyond.”

Angela Clayton,

Accent Group

“We don't have any worries - PSGS are always there for us and plan ahead with advisers and agendas. ”

Stephen Allaker,

Bristol Myers-Squibb

“Very happy with PSGS as an organisation and that opinion is derived from the performance of those that represent them.”

Sean Hoyle,

Wightlink

“I find Colin proactive rather than reactive. He is also supportive.”

“We have a good partnership the team really understand what we need and our knowledge eg budgets - "we don't have a referee" - very helpful. Challenge advisers but with a practical objective. Thanks to PSGS, GMP equalisation has been just a process. ”

Stephen Allaker ,

Bristol Myers-Squibb

“They have helped us save much more and created a cohesive plan to de-risk whilst building an integrated pension team.”

Sally-Anne Borrill,

T-Systems

Dealing with distress: help for pension scheme sponsors & trustees

Topic:

Legal & governance

Date published:

Wednesday, 20 May 2020

With many new challenges to face thanks to the Covid-19 pandemic, it’s easy to think an employer’s defined benefit (DB) pension scheme would fall a long way down the list. The reality is, pension decisions and actions taken now could make a real difference to a business’ chance of survival.

To coincide with our appointment to the Pension Protection Fund’s (PPF) new restructuring and pre-insolvency services panel, our new briefing note - Dealing with distress: help for pension scheme sponsors & trustees - summarises some of the key considerations and options for DB pension schemes with a sponsor in financial difficulty.

PSGS has been assisting employers and pension trustee boards in stressed situations for years. Sharing our experience, we can help find solutions at every stage of the distressed pension scheme journey and save both the employer and pension scheme, where possible.

Read the briefing note

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