|
Legislation governing minimum funding requirements
for defined benefit pension funds is changing rapidly. With the
advent of regimes such as the Pension Protection Fund in the UK and
the Dutch FTK standard, the potential cash contribution required in
the event of an adverse movement in pension funding have become much
more volatile. As a result, we are seeing clients focus much more on
achieving a clear awareness of local regimes in order to implement a
coherent global funding strategy which addresses both issues such as
tax and solvency premium costs.
Mercer's funding insights
Pensions impact corporate deal activity
In the UK, there has been significant focus
on the wide ranging powers of the new Pensions Regulator following
the introduction of the Pension Protection Fund (PPF). This article
by Tim Keogh discusses the impact of the Regulator on business
decision making with a focus on Merger & Acquisition
activity.
|