Regulatory advisory and litigation support
The defined benefit (DB) pensions world is evolving. Potential conflicts between the funding needs of maturing schemes, investors and businesses under pressure from dynamic competitors and a rapidly changing macroeconomic environment will inevitably create disputes, some of which will require litigation to resolve. Meanwhile, high-profile business failures such as BHS and Carillion have dramatically shaken up the landscape for corporates with DB schemes, driving new powers and a more interventionist attitude – clearer, quicker, tougher – on the part of the Pensions Regulator.
Responding to a tougher regulator
As the Pensions Regulator becomes more active in exercising its powers and seeks to engage more extensively with trustees (and with criminal sanctions now coming into force), we are helping more and more trustees and sponsors to understand and respond to regulatory intervention – and ensure they stay on the right side of the line.