Employers must get advice before scheme specific funding negotiations

clock

Employers must ensure they have sufficient access to independent advice as schemes approach the second round of scheme specific funding valuations, Hamish Wilson says.

The consultant said employers could be left with "one hand tied behind their backs when sparring with trustees" if they do not gain proper independent advice. The warning applies to schemes appro...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

SPP: DB funding code will create clarity between funding, covenant and investment

SPP: DB funding code will create clarity between funding, covenant and investment

Survey finds 25% say code will establish ‘clearer TPR expectations’ for risk management

Martin Richmond
clock 14 November 2024 • 1 min read
DB surpluses hit record £208bn in October, XPS finds

DB surpluses hit record £208bn in October, XPS finds

Surpluses up from £187bn in September due long-term gilt yield rise and drop in liabilities

Holly Roach
clock 13 November 2024 • 1 min read
UK DB profit warnings reach highest quarterly level of 2024

UK DB profit warnings reach highest quarterly level of 2024

EY-Parthenon finds Q3 saw a 33% increase compared to Q2

Martin Richmond
clock 13 November 2024 • 2 min read
Trustpilot