Overview

Pension scheme deficits are rarely out of the headlines. Never in their history have they enjoyed their current notoriety, nor has their importance been more apparent. Over 10,000 pension schemes provide pension benefits that are designed to replace a proportion of the recipient's salary when they retire. These schemes are the flagship of the occupational pensions system - many are in deficit, some severely.This new book is designed to take the reader through how this has come about and what is being done to rectify it. The book includes contributions from leading practitioners in their field, who are grappling with the often highly complex issues that deficits produce on a day-to-day basis, in an accessible and understandable format. Featuring practical analysis on a wide range of issues - from traditional methods of addressing a deficit, alternative methods of funding deficit reduction, investment and employment considerations to the Pensions Regulator and the Pension Protection Fund, the emergence of an alternative buyout market and corporate governance - this new book provides you with the only comprehensive guide to dealing with pension scheme deficits in your practice.Aimed at a broad cross-section of the pensions market, this book is of great practical use to all who have to deal with a pension fund deficit. Trustees, corporate officers and stakeholders, from chief financial officers and finance directors to pension managers, and the entire range of advisers - accounting, actuarial and legal - will find the book of interest and practical use.

Full Product Details

9781905783083

Table of Contents

Reviews

"""The contents page in Pension Scheme Deficits reads like a who's who in the pension industry."" Ruth Emery Pensions Management (FT Business) ""Trustees, corporate officers and stakeholders, chief financial officers, finance directors, pension managers and advisers will find it very useful."" Pensions World ""Despite the best efforts of investment managers, and the reduction in the numbers of defined benefit pension schemes, deficits are going to be with us yet awhile, which means this book seems destined to have a long and distinguished future in print."" Robin Ellison Pensions: An International Journal ""This is an excellent resource that will both broaden the reader's perspective and help to develop a better understanding of the UK situation."" Estates, Trusts and Pensions Journal"

Deficits are still a reality for some schemes, so this book is essential reading. Ruth Emery Pensions Management (FT Business)

Author Information

Consulting Editor Steven Hull is a partner at international law firm Ashurst and leads the London pensions team. He has over 18 years' legal experience of a wide range of pension-related matters in acting for employers and trustees. He has particular expertise in pension scheme reorganisations and mergers, deficit reduction and surplus resolution strategies, changing beneft structures, the pensions aspects of corporate transactions, and dealing with the new legislative regime following the Pensions Act 2004 and Finance Act 2004.

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available