What about us, Mr Matthews?
Last night’s BBC News highlighted another high profile case of a failing Defined Benefit (Final Salary) pension scheme, this time Bernard Matthews.
It looks as if the Pension Protection Fund will be left to pick up the pieces and calls into question its ability to continue to meet these huge liabilities over the long term.
If you attended our Professional Briefing last month (bit.ly/2doES6o) you know that Paul spoke in detail about the shadows around Final Salary Schemes and the uncertainty they may hold.
There is no surprise over the concern this news has led about deferred pension benefits held in DB schemes. And as we specialise in this field we know that considering your options and obtaining the right advice is crucial.
Please remember that we offer all of our Professional Connections and their contacts a Free, No Obligation Discovery Meeting and we urge you to contact us if you have any concerns.
Follow this link for the BBC Article Bernard Matthews Pension Deal Questioned