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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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