Corporate transactions and restructuring

Failure to take adequate care of pension arrangements in a corporate transaction can turn a good purchase into a costly mistake. Whilst pension issues often represent a significant part of a transaction, with the right support they need not be a deal-breaker. Our dedicated team, Punter Southall Transaction Services, can provide succinct, commercial advice to vendors, purchasers, and other corporate entities ensuring any sale, purchase or restructuring runs smoothly and pension liabilities are effectively managed.
 

 Overview

 
Punter Southall Transaction Services can:
  • undertake full international pension due diligence
  • find the best pension solution to maximise value or minimise loss in a corporate transaction
  • negotiate with the pension scheme trustees and target company to provide clarity and certainty on future pension commitments
  • advise on implications of a proposed restructuring or refinancing, and ensure the pension scheme is managed in tandem with any of these corporate activities
  • assist purchasers propose tailored investment strategies to trustees for existing defined benefit pension schemes
  • help investigate ways of minimising and managing the risk and costs associated with defined benefit pension schemes in advance of sale
  • structure post-acquisition solutions for clients including establishing new pension arrangements
Our Transaction Services team has strong private equity relationships, providing advice to more than 25% of London-based firms. To visit the Punter Southall Transaction Services website, please click here.

 

 Insights and views

 
    ‘Call for evidence’ on section 75 debts in multi-employer schemes
    28 April 2015

    ​Current employer debt legislation exposes employers in multi-employer defined benefit (DB) schemes to the risk of large debts falling due and can restrict the options available for managing pension risks. This note summarises the current position and a recent call for evidence published by the Department for Work and Pensions (DWP).

    View full briefing note here

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    A new dawn for liability management through member choice
    20 April 2015

    The implications of the changes that came into effect from 6 April 2015 will be wide-ranging for all. In an environment where members are embracing choice, many employers are finding increased benefits to engaging with members as they reach retirement.

    View full briefing note here

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    Corporate Bulletin Quarter 1 2015
    7 April 2015

    ​Market conditions remain challenging for pension schemes and their sponsors. We provide sponsors with a discussion of accounting assumptions at 31 March 2015.

     

    Click here to view bulletin

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    Flexiday is upon us!
    31 March 2015

    ​In the final note in our ‘Countdown to Flexiday’ series before Flexiday itself (6 April 2015), we look back over the developments of the last few weeks and forward to what the new pensions flexibility regime may mean in practice.

     

    View briefing note here

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    The Impact of Deflation on Occupational Pensions
    27 March 2015

    The Consumer Prices Index (CPI) was unchanged in the year to February 2015 (i.e. the 12 month rate was exactly 0.0%), a record low. With further falls in inflation later this year seeming a distinct possibility, we consider the impact of deflation on occupational pension schemes.

    Click here to view briefing note

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    Visit the Industry Insights page for news and views on the latest industry developments
 

 Events

 
    Getting Ready for Your Next Pension Scheme Valuation
    24 September 2015
    Read more
    Visit the Events area for all forthcoming Punter Southall seminars, conferences and events
    Speak to us

    Speak direct to our specialists in this area
    Sankar Mahalingham
    Principal
    Or call us on
    020 3327 5000