DB Scheme – employer insolvency: risk management strategies for trustees
It is a fact of life that not all employers will survive as long as their pension scheme, despite the best efforts of everyone involved. Trustees are acutely aware of this risk, but what should they be doing if the solvency of the scheme’s employer becomes a challenge? Arc’s lawyers have a great deal of experience in these circumstances, and this note gives some ideas of the types of issues the trustees should consider.
If you would like to discuss this further, please get in touch with your usual Arc contact.
We’re here to help. To read and download our practical note, please click here.
The views in this article are intended for general information purposes only and should not be used as a substitute for professional advice. Arc Pensions Law and the author(s) are not responsible for any direct or indirect result arising from any reliance placed on content, including any loss, and exclude liability to the full extent. Always seek appropriate legal advice from a suitably qualified lawyer before taking, or avoiding taking, any action. If you have any questions on the points raised in the above, please do not hesitate to get in touch.