Solvent pension scheme restructuring options
Taming complexity for a streamlined process
When it comes to restructuring a solvent group of companies for operational, financial or risk-management reasons, having a pension scheme makes things significantly more complicated.
At FRP, we’re well placed to help. We can draw on the services of our specialist pensions and restructuring teams to give expert advice on the process from both a corporate and a pensions perspective.
As a result, we can help with a wide range of technical issues. We can identify and advise on all the options open to you. We can manage the restructuring process too, possibly through a flexible apportionment arrangement (FAA). We can advise on the funding test needed to put an FAA in place. And, if a new sponsoring company is needed, we can assess its strengths compared with the old one.
We aim to make our clients’ life easier at every step, working with their wider teams of advisers to manage and smooth the entire restructuring process.