Janet Brown discusses DB consolidation in Pensions Age
Janet Brown, partner, comments on superfunds and the considerations trustees should have when contemplating consolidation in Pensions Age.
There are barriers to full-on consolidation, such as considerable upfront costs, covenant information and confidentiality, and the difficulties involved in consolidating schemes with different benefit structures. Janet Brown says “Whether these are all legal barriers is a moot point but there is certainly a need for the new market consolidators to prove themselves and show their business models will work if there are adverse events.”
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