Andrew’s extensive experience, clear advice and proactive approach have helped him to become a trusted consultant to a wide range of UK & multi-national businesses. Throughout his career, he has worked at board level with FTSE100 (or equivalent) organisations and major multinationals.
This survey relates to constituent companies of the Dutch AEX, French CAC40, German DAX, Spanish IBEX, Italian FTSE MIB and Scandinavian OMX share indices that have UK subsidiary companies with defined benefit (DB) pension schemes.
With pension scheme deficits having the potential to significantly impact a company’s accounts, company directors should be considering ways to improve their UK DB scheme’s funding level.
The recent consultation published by the DWP is a blueprint for a new regulatory regime and a “clearer, quicker and tougher” Pensions Regulator. Andrew Vaughan, Partner, looks at what this means for companies sponsoring DB schemes.