Assessing covenant reliability in an unpredictable world
Many have suggested covenant is now less important than what The Pension Regulator’s Defined Benefit (DB) Funding Code would imply. But in an increasingly volatile economic environment, it remains important for trustees to understand their covenant and the key drivers for employer health. Central to the Funding Code are the concepts of Covenant Reliability Period […]
SOS – Save Our Sponsor
A scheme sponsor in financial distress can shift a pension trustee’s world. In many instances an insolvency, or the threat of one, wouldn’t be on a trustee’s plan at all. There’s plenty to consider and action to be taken. Without the right skills and experience, a lot can potentially go wrong too. But there’s always […]
Trustee Talk: James Chalk talks covenant
Client director James Chalk joined Asset TV’s Sam Rossiter for their episode that centered on the subject of sponsor covenant. Looking at the recent recording, James commented: “As many schemes move towards their endgame or a run-on structure, there is a danger that sponsor covenant is forgotten about. In this edition of Trustee Talk I […]
Predicting pensions in 2025
As 2025 begins in earnest, we’ve been asking some of our experts what they think the year will bring for their service line and the pensions industry as a whole. Here’s their thoughts: Mandy Kaur-Sadler, head of our large schemes service line Q: Is buy-out still the optimal outcome? A: “An emerging trend, particularly notable […]
Corporate restructuring for Communisis
In this case study we were tasked with optimising member benefits for a pension scheme who’s sponsor was experiencing significant financial distress. Read the case study to see how we helped.
Mike Birch to join Vidett from The Pensions Regulator
We’re delighted to announce Mike Birch will be joining us as a client director in April 2024 from The Pensions Regulator (TPR). His role with Vidett will see him move into professional trusteeship with a primary focus on defined benefit (DB) schemes with employers experiencing distress or undergoing corporate transactions. Mike has spent over eleven […]
ExpertView is back & we’re talking restructuring plans!
ExpertView is our series of discussions bringing together experts from different disciplines to share their specialist perspectives on key pension topics. In our first episode of the year, Trustee Director Kevin Dolan sits in the presenting hot seat. He’s joined by Naomi Parmar and Katie Banks from Hogan Lovells’ Restructuring and Pensions teams and Dan […]