Pension disputes generally require a combination of communication, technical, negotiation skills and experience to resolve.
It is advisable to engage some independent pensions / actuarial advice at an early stage in the process.
Our team can assist employer, trustees, unions and member representative bodies to work towards a shared understanding of the issues in the first instance and to move forward to develop a solution which endeavours to address the balance of interests between all stakeholders. Any solution has to be tailored for the specific circumstances of the case in question. Inevitably there is a trade off between funding, stakeholder risk and benefit changes.
Liaising, educating and communicating with all stakeholders along the journey are key elements in achieving a mutually acceptable solution.
With our wealth of experience we are uniquely positioned to assist clients in this regard. Our team of actuaries have considerable experience in scheme restructuring, as well as a credible track record in giving expert evidence for the courts in pension disputes.
If you would like discuss how we can help, please contact Joe Byrne.
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