When a defined benefits scheme is in deficit, the situation has to be actively managed, both from the perspective of the scheme trustees and also, the sponsoring employer. Vantis' Pensions Group has extensive experience in advising the scheme trustees in developing appropriate strategies.
Our services in the area of employer covenant reviews include:
- Assistance in the development and negotiation of recovery plans
- Desk top covenant reviews
- Full covenant reports
- Risk assessments in connection with business strategy changes and business reorganisations
Our Pensions team understands the expectations of the Pensions Regulator and the regulatory framework within which the scheme and the sponsoring employer must operate.
If you have any questions about employer convenant reviews that you would like answering please contact us and we will be happy to help.