Nick has developed particular expertise on PPF levy issues and has helped many businesses to significantly reduce their levy costs through improvements in their assessed insolvency rating and other options available to them.
His extensive experience, clear advice and proactive approach have helped him to become a trusted consultant to a wide range of UK and multi-national businesses.
Over 2019, market changes have resulted in an increase in the aggregate deficit - for many, this will push out the timescales to buyout. This highlights the importance of having in place a robust monitoring process to ensure opportunities are captured.
Our latest research reveals, by diverting an extra 6% of profits into companies’ pension schemes would allow 70% of FTSE 100 DB pension schemes to buyout in the next decade.
With the DB regulatory regime once again under review, the disparity between payments to shareholders and those paid to close pension scheme deficits will once more be under the spotlight.