DB scheme triennial valuations from 22nd September 2024 onwards will need to be carried out under the new Funding Code regime. Many schemes find themselves in a different position to where they were when the Funding Code was just a first thought; for example many schemes find themselves with improved funding levels and reduced reliance […]
Has the tide finally turned? Are corporate sponsors taking the opportunity to “seize the day” and re-shape their pension strategy? Find out more in this article.
In this article Nick Gibson sets out three key takeaways for companies and private equity investors when considering M&A deals where a DB scheme is present.
A Superfund is a consolidating pension scheme that takes on private Defined Benefit (DB) pension schemes from their original sponsors. By consolidating these schemes, the Superfund aims to gain ‘economies of scale’ over individual schemes. Find out more in Judith Anunda’s recent article in the Pension’s Aspects magazine.
The recent BHS judgment has significant implications for Directors’ and Officers’ insurers of distressed sponsors of defined benefit (DB) pension schemes. Read more here.
In this final article of our exploring captives series, Andreas Vermeiren looks at how recent regulatory momentum could lead to increased interest and uptake of captives among UK corporates. Read more here.
Hamish Reeves, Managing Director and Michael McElligott, Director at Cardano Advisory discuss, how transaction may be a platform for enhancing journey plan and/or risk transfer solution, company insolvencies, the rise of challenging refinancings and restructuring and why Trustees should engage with sponsors around upcoming refinancings
In the next article in our series exploring our series exploring the use of captives for defined benefit (DB) schemes, Andreas Vermeiren CFA examines the various structures captives can take and the factors that determine their suitability for different companies.
There is growing interest in alternative risk management tools such as consolidators, capital-backed arrangements and captives. In the first of a three-part series, this article explores why captives are increasingly becoming more appealing to UK corporates navigating the complexities of DB pension scheme management.
Government intervention in the pensions system seems to be a frequent and favourite pastime in the UK. Indeed, the usual response of the industry to the seemingly perennial tinkering is to groan and ask, politely, to be left alone. However, the current consultation ‘Options for Defined Benefit schemes’ stands out in that it is to be welcomed. Read thoughts from Kerrin Rosenberg, CEO Cardano Investment on the proposals and the impact on the UK economy.
