Covid-19 has created many challenges for DB schemes but, for those ready to transact in 2020, it may have created even more favourable market conditions for a buyout. The problem is that most schemes are not there yet. In this Briefing we look at what being “deal ready” actually means and what work it will involve.
Over the autumn of 2019, BAC conducted an extensive survey of the actions which companies are taking to manage their defined benefit (DB) and defined contribution (DC) pension arrangements.
The Pensions Regulator says it will not accept two classes of scheme member – those that benefit from good governance and administration and those that do not. In this Briefing, we provide an overview of what the Regulator expects from DC scheme trustees.
Both risk registers and dentists are important for managing risks, but your heart may sink when the next session is approaching! In this Briefing we look at how to ensure your risk register is a useful tool for managing risks (not a large and unwieldy tick-box exercise).
Whether driven by a desire for good governance, concerns about fee levels or poor quality service, carrying out a formal review of scheme advisers is becoming increasingly common. In this Briefing we set out the principles you should apply when carrying out a review.