Corporate Transactions
Our experienced Pensions & Employee Benefits team is regularly called upon to help with a wide range of corporate transactions that carry pension implications.
Defined benefit pension schemes usually represent a significant funding liability for the corporate sponsor. We work with clients to make sure that any issues associated with these schemes don’t become an obstacle to the objective behind the transaction or lead to intervention by the Pensions Regulator.
We also work with clients on share disposals/acquisitions, business disposals/acquisitions, joint ventures, outsourcing arrangements and reorganisations where early engagement on pension issues is key – this requires a unique combination of technical expertise and commercial awareness.
Finally, we help trustees involved in transactions who need to balance their own fiduciary duties with the corporate’s commercial objectives. This requires careful advice and strategic thinking in order to respond appropriately.
Contacts
News
News
Refinancing Risks – Trustees are the First Line of Defence – Pensions Compass September 2022
The Pensions Regulator (“TPR”) has published a blog describing trustees as “the first line of defence in the assessment and mitigation of corporate events that impact covenant, including refinancing“. We… Read more →
Bulletins
Pension Schemes Act 2021: Staying safe from the new Criminal Offences and Contribution Notices – Pensions Compass March 2021
Prevention is better than cure. The criminal offences and new grounds for Contribution Notices (“CNs“) under the Pension Schemes Act 2021 (the “Act“) are nasty illnesses – but employers and… Read more →