The Pensions Act 2004 and guidance issued by the Pensions Regulator has made it critical for stakeholders of defined benefit pension schemes to understand the businesses that support them. This includes assessing the strength of the employer's financial position and prospects as well as its legal obligation to fund the scheme's benefits (known as the “Employer Covenant”), and the impact of employer or scheme events on the Scheme’s position.
Our market leading professionals provide a tailored solution for every situation, ensuring that our clients’ specific requirements are fully identified and addressed and developing a cost efficient approach.
Our key services are:
We are committed to providing clear, unambiguous advice and creating innovative solutions for our clients. We are firm in supporting our clients’ interest, while recognising the Employer / Trustee relationship is ongoing and long-term and thereby benefits from a pragmatic, consensual approach to discussions.
Our team is adept at harnessing the unparalleled breadth and depth of talent and expertise across the firm, often working with the Deloitte Consulting practice to leverage specific sector expertise, and/or actuarial benefit advice from Deloitte Total Reward and Benefits.