Negotiations of pension recovery plans
Commercial, flexible negotiating expertise
High pension deficit levels mean there’s a growing need for trustees and directors to work together on recovery planning. But negotiations are not always straightforward, and more clients are turning to FRP to help them find solutions that work for everybody.
We are well placed to help. Our people are skilled and experienced negotiators with a commercial and practical approach that takes account of the realities of a situation. As a result, our track record of successful negotiations speaks for itself.
Flexibility in pension recovery plans
We are flexible and able to tailor our service to each of our client’s needs – from leading the negotiations to taking a hands-off observational role. We can be robust if you want us to, challenging assumptions and helping to protect relationships.
We have strong technical capabilities, backed up by a breadth of situational experience. So if it’s hard coming to an agreement on annual cash payments for example, we can propose more creative solutions. And, we will carry out an affordability assessment to ensure everybody understands the realities before negotiations start.
Our practical, hands-on approach means we can help get the right outcome for your scheme.