Schemes urged to plan ahead for sponsor restructuring

Taylor Wessing says schemes should ensure effective risk management for employer distress scenarios

Jasmine Urquhart
clock • 4 min read
Taylor Wessing says schemes and sponsors should work together to ensure effective risk management processes
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Taylor Wessing says schemes and sponsors should work together to ensure effective risk management processes

Pension scheme trustees should be aware of the risks of employer restructuring situations and ensure they have effective risk management processes in place, a survey from Taylor Wessing has found.

The survey of around 23 industry experts across trusteeship, pensions law, insolvency, and actuarial science found only 8% thought pension schemes were "adequately prepared" for dealing with a dist...

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