Covenant & Restructuring

Company restructurings and transactional activity have a significant impact on any pension scheme. An absence of the right experience and knowledge at such a critical moment can have an adverse effect on the pension scheme and its beneficiaries, and also mean the company can face significant execution and regulatory risks.

A professional trustee to provide a steady pair of hands and help schemes through such complex, and occasionally volatile, situations can be of great value. We have experience of a number of corporate scenarios and understand the issues well.

We are often brought in to support on a project basis and always hit the ground running. We move quickly to support existing trustees and help guide schemes through what are often pressurised and sensitive circumstances and our commercial and pragmatic approach results in sensible conversations that secure the best outcomes for all parties. We take an open and collegiate approach to working with all parties.

Our industry-leading team offers first-hand experience that adds crucial credibility to dealings. We plug in the very specific skills needed, but which can be missing from the existing board, replacing conflicted trustees or complementing the skills already present in the board or its advisers.

However if it is just business as usual, utilising a trustee that can ask the right questions on covenant, can deliver efficient and pragmatic processes.