United Kingdom

RE THINKING Pensions 

Pension deficits are proving frustratingly persistent.  Markets are working against schemes, regulators are providing no respite. Meanwhile employers look to retain cash to strengthen balance sheets. This landscape looks set to pitch Trustees and Employers into battle.

 

But we believe it is time to RE THINK -  because Trustee and Employer goals are fundamentally aligned, and there are opportunities for genuine “win-wins”.

RE SHAPING Member Options under the new Industry Code

The new industry Code of Practice on Member Options will be published early in June. What effect will it have on Member Options such as enhanced transfer values (ETVs) or pension increase exchange (PIE) ? Will the Code enable schemes to meet concerns about “mis-selling” to members, and satisfy the Pensions Minister?

RE SOLVING Pension Funding using the latest alternatives

In the face of persistent fund deficits, traditional cash pension funding plans at manageable levels are often not enough to satisfy the Pensions Regulator. So what are the alternatives ? Can they provide the security that trustees need, while retaining cash to invest in the business and reducing the risk of trapped surplus ? Are they proven?

Contact

Mike Smedley

Mike Smedley

Partner

KPMG in the UK

 

mike.smedley@kpmg.co.uk

020 7311 3226