Understanding employer covenant in volatile economic times

Understanding employer covenant in volatile economic times

08 Jun 2022

Employers are currently managing a plethora of economic headwinds. As a sign of the times, The Pensions Regulator’s 2022 Annual Funding Statement takes over 10 paragraphs to set these out and encourages trustees to speak to their sponsoring employer to understand how they are being impacted.

We set out below some exploratory questions that trustees can use to open a discussion with their sponsoring employer.

View PDF here

For more information, please get in touch with Elen Watson or your usual XPS contact.