Simon has particular expertise in scheme funding negotiations from the employer’s perspective and has helped many companies agree reduced deficits and recovery plan contributions with their trustees.
He strongly believes that a robust but collaborative approach, rather than an adversarial stance, is the key to successfully agreeing an appropriate outcome with the trustees.
advice to a large multinational financial services company on its funding valuation (including the regulatory capital impact)
advice to a potential lender on the pensions issues facing a company seeking to refinance
purchaser due diligence on a number of corporate acquisitions by trade buyers and private equity houses
vendor due diligence on the sale of a company from private equity ownership to a trade buyer
design and implementation of liability and risk reduction exercises including enhanced transfers, pension increase exchanges and transfers at retirement
development of exit strategies for several clients including asset and liability de-risking actions
The FCA have published pension related proposals designed to improve pension transfer advice. This includes a proposed ban on contingent charging for pension transfer advice. Simon Taylor welcomes the proposal and supports the increase in transparency.
TPR has recently increased its focus on the endgame of UK DB pension schemes. This blog explores how companies paying higher dividends than deficit contributions should expect more of a challenge on this from their trustees and The Pensions Regulator.
TPR has recently increased its focus on the endgame of UK DB pension schemes. This briefing note explores how companies paying higher dividends than deficit contributions should expect more of a challenge on this from their trustees and the Regulator.