Mark Blayney, Ian Wilkinson
ASIN: B00FO5YTGC
Publisher: GPS IPR Ltd
Pages: 11
Are you running a business? Or do you find yourself feeling as though you are running a hedge fund with a trading business on the side?
If your business has a defined benefit pension scheme (often known as “final salary” schemes) it can sometimes seem as though the deficit tail is actually wagging the business dog through an ongoing cash drain on the business that:
• diverts funding from investments in growth;
• imposes substantial responsibilities and potential risks on directors and shareholders;
• takes an inordinate amount of management time and professional fees; and
• can fundamentally reduce the value and saleability of the business; or
• if the situation is a ‘target’ make a potential acquisition seem too risky to consider.
In some cases however there are steps that can be taken to radically reduce the impact of pension scheme deficits using specialist advisors, and that is ...