The Eurozone crisis and new legislation continue to threaten defined benefit pension plans. LCP look at what these threats are and what can be done to manage these pension risks.

This report investigates attitudes to DB pension risk amongst the finance directors (FDs) and other senior leaders of some of the UK’s largest companies. The report also highlights that the impact of Quantitative Easing (QE) on the UK’s DB pension schemes is amongst FDs’ greatest concerns.

Recent legislation in the UK (Pensions Act 1995, Pensions Act 2004) has required companies to ensure that their defined benefit (DB) pension liabilities are appropriately funded through mandatory pension contributions.

The most important reform of UK pensions since the introduction of the state pension in 1909 will soon take effect. From next year, companies will be required to ‘auto-enrol’ all eligible employees into a pension plan and make contributions on their behalf.

Effective de-risking against a backdrop of volatility and rising pension deficits against a backdrop of volatility and rising pension deficits.

In this practical briefing, Macfarlanes offer ten actions you can take in the short term to control your pension liabilities.