Since the mid-2000s, businesses have had to be aware of the effects of normal business activity on their defined benefit pension arrangements.
Even the most standard commercial activity might affect the next valuation or give rise to demands for additional funding from the Pensions Regulator. Pensions law and regulation can seem ubiquitous and overly restrictive for corporate groups. These rules can apply to apparently unrelated acts, such as:
- intra group reorganisations of assets
- dividend payments
- refinancing or increasing lender security
- acquisition of business, and
- guarantees of obligations of the group or other companies.
Arc Pensions Law can provide the practical advice you need to ensure that your business does not fall foul of regulation. With extensive experience in this area, we can ensure that the most productive approach is taken and that your business is not unduly affected by legal requirements. We can guide you through the planning stage, assist in engagements with the Pensions Regulator or scheme trustees, and generally minimise the time and cost of pensions regulation to the management of your business.