Welcome to the results of our fourth annual Pensions in Restructuring Survey.
Our previous surveys yielded valuable insight into the market. This time we're focusing on developments over the past year leading up to the recent Pension Schemes Bill.
We sent the survey to business people, lenders, private equity investors, professional trustees, pension managers, insolvency practitioners, covenant advisers, actuaries, benefit consultants and lawyers.
Read the survey results
Key takeaways
Here's a sneak peek of a few of the things that this year's survey reveals:
- A resounding 75% said that publicity attracted by the enquiries and comments of Frank Field MP and the Work and Pensions Committee has had the biggest impact on how pensions are addressed in corporate restructurings in the last year.
- 75% also said that current levels of compensation provided by the PPF strike an appropriate balance between protecting members and the costs to others of providing compensation.
- Only 31% thought that the Pensions Regulator should have the power to stop or delay a restructuring if trustees and members were not fully prepared.
Find out more
Please contact Mark Smith or Nick Moser if you would like to discuss the survey further, or if you have any questions.