Contending with the credit crunch: issues for pension schemes | Practical Law

Contending with the credit crunch: issues for pension schemes | Practical Law

This practice note highlights the implications of the financial crisis for defined benefit and defined contribution schemes and considers the practical steps that trustees and employers may take in response.

Contending with the credit crunch: issues for pension schemes

Practical Law UK Articles 3-385-1562 (Approx. 15 pages)

Contending with the credit crunch: issues for pension schemes

by Ruth Bamforth, Eversheds LLP
Law stated as at 03 Mar 2009 • England, Scotland, Wales
This practice note highlights the implications of the financial crisis for defined benefit and defined contribution schemes and considers the practical steps that trustees and employers may take in response.
For a follow-up article examining these issues in 2010, please see Article, Hard times: pensions implications of the ongoing financial crisis.