Corporate Transactions

Whether buying or selling, pensions cannot be ignored. There are many examples where insufficient attention to the pensions issues within corporate transactions has resulted in the financial benefits of the deal being overshadowed by the impact of the pension scheme and its liabilities.

We do, however, recognise that pensions are often one of the last things considered in a corporate transaction and in order to add real value in this area speedy action and appropriate, understandable, reporting is required - often at very short notice. Therefore rather than an expensive, slow and very accurate pensions due diligence exercise a quicker, cheaper and more approximate approach is often best initially. In this way the potential impact of pensions on a deal can be assessed early on and any deal restructured accordingly. We have therefore developed systems and processes to ensure that we report meaningfully to our clients as quickly as possible.

Once an initial indication of the financial impact of the pension scheme has been reviewed we believe that there is a need for more indepth due diligence to ensure that there are no hidden risks. There is also a need to get an actuary involved to negotiate a suitable sale agreement. At First Actuarial we will ensure that you are supported throughout and negotiate the best deal possible in any situation.

Therefore if you are considering, or are in the middle of a transaction, contact us and we will act quickly to ensure that you receive the advice that you need to truly understand the position and possible volatility involved in any scheme that you are taking on.