A surge in corporate restructuring caused by the recession has put employer covenants at risk, Punter Southall Transaction Services warns.
More businesses are expected to default over 2012 and businesses such as Premier Foods, TUI Travel, JJB, Logica and Punch Tavern have already restructured in the difficult climate, the consultancy ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date