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Services for Employers and Sponsors

Employer Debt and Section 75

One of the biggest practical challenges for a business that sponsors a defined benefit pension scheme is the risk of inadvertently triggering a due debt. Simple business and restructuring activities such individuals retiring or leaving can give rise to an immediate debt due under section 75 of the Pensions Act 1995, calculated on the highly costly ‘buy-out’ basis (the cost of securing annuities for scheme members). Our experts can ensure that the business is able to deal with the risks of this so-called ‘section 75 debt’, avoiding triggering where possible, and negotiating with scheme trustees and others as necessary.

We believe that prevention is better than remedy. Many businesses are unaware of where the section 75 debt risks lie, especially in terms of likelihood and size of liability. We can work with you to highlight these issues and manage your business accordingly. We can guide strategic decisions which take into account the challenges, deal with risks, engage trustee negotiation where necessary and avoid any emergency arising.

News
ARC highly commended at the 2017 Financial Times PIPA Awards

ARC Pensions Law has been highly commended at the Financial Times' 18th annual Pension and Investment Provider Awards for it's innovation and growth. The PIPAs recognise excellence among providers of products and services to UK workplace pension schemes....

ARC Pensions Law

is a dedicated, specialist firm of pension lawyers. We focus entirely on workplace pension schemes.

Our vision

is to provide top quality, value-for-money legal services to those responsible for running workplace pension schemes, and thereby to help schemes deliver the promised benefits to members.

Our strategy

is to employ pension lawyers and staff with top-quality experience and enable them to work in a modern way, operating on a bespoke, lean and adaptable platform.

ARC Pensions Law is a dedicated, specialist firm of pension lawyers. We focus entirely on workplace pension schemes.

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