In our latest #How2DoPensions quick guide, we take a look at some of the key signs of business stress, and distress, that pension trustees should be aware of when monitoring the strength of the employer covenant.
While many of the signs of stress or distress will comprise of information that is only available to the sponsor’s management team, it is good practice for pension trustees to understand the signs, and to put in place tools that will help them to monitor and identify these signs at an early stage, so far as possible. This will allow trustees to put a plan in place so they can react quickly and take appropriate advice, in the event of employer stress or distress.
Please contact any member of our pensions team for more information.
