Actuaries
You will be advising employers and trustees about a wide range of issues where the law is often complex and unclear. Sometimes, you may be the only professional adviser with regular contact with the trustees and the company and could need pragmatic legal backup. The funding plan of the pension scheme is often the key factor in the company’s ability to continue to trade.
Our advice includes:
- assisting you in your role and your discussions with trustees/employers regarding the employer covenant. This includes helping the parties concerned to devise a strategy for agreeing a recovery plan
- interpreting scheme rules
- advising on the impact of legislation
- involvement on a project basis to advise the employer or the trustees where the trustees’ lawyers usually advise both parties but have a conflict of interest