Meeting the demands of corporate change
Corporate change can come in many forms including takeovers, return of capital to shareholders, or measures such as debt re-financing undertaken to turn around under-performing employers.
The Pensions Regulator has made it clear that trustees are obliged to consider and take appropriate action to address events which may affect existing and future plan funding – they have a fundamental role in protecting member benefits and interests.
LCP's guide to meeting the demands of corporate change sets out how we combine market-leading actuarial, investment and covenant assessment expertise for trustees to access when they need it. Designed to work alongside existing advisers, LCP will support trustee clients through a time of corporate change and help them form an objective assessment of the employer's financial position and prospects.
LCP has produced a 'Day One Checklist' as a guide for trustees during the initial stages of a potential corporate change.
For more information, please contact Aaron Punwani (020 7439 2266), Michael Berg (020 7439 2266), Richard Murphy (01962 870060), David Poynton (020 7439 2266) or the partner who normally advises you.
