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Pensions

We recognise that pension schemes are complex and unique.  Our audit teams combine specialist skill with business passion and give you advice and support when it really matters.  As pensions evolve we provide practical help and guidance to trustees and employers and help interpret and implement changes as and when they occur.

Our partner-led teams are with you for the long-haul.  You can be sure we are always at hand to generate lasting value for your business.
We recognise that organisations are different therefore different solutions are needed and we tailor our approach to suit your needs.

Pensions Audit

Our specialist teams have expert in-depth knowledge of the pensions sector and share best practice and give advice to add value. 

Risk Reviews

We understand how important it is to manage risk and we know this is a prerequisite of an organisation's success.  Our team will evaluate the potential problems, test systems and give feedback on the performance of your business.  We will provide practical and innovative solutions to help you achieve your business goals.

Pension Advisory Services

If there are regulatory changes, we will provide advice and evaluate the financial position of the sponsoring employer.  We will highlight alternative solutions and advise on how to negotiate these agreements.  Our specialist team also provides advice on scheme and corporate restructuring to help employers and trustees implement pension-related cost reduction or restructuring plans. 

Employer Covenant Reviews

An important duty of trustees of defined benefit pension schemes is to understand the financial health of the sponsoring employer(s) and their ability to meet the obligations of the scheme.

In some scenarios it may be pertinent for an independent report to be commissioned by the pension trustees, for example, in times of financial instability, significant corporate restructuring or when an organisation is involved in an acquisition or merger. Our experience in evaluating the implications of corporate change on an employer’s ability to meet its pension obligations can provide valuable support to trustees.

Example case

During the process of a FTSE 250 company’s acquisition of a competitor business, we were asked by the target firm’s pension trustees to investigate the implications and risks associated with the deal. Following analysis, we were able to advise the trustees that the acquisition would not have a detrimental effect on the employer’s covenant.