Defined Benefit Pension Consulting

Henderson Employee Benefits (HEB) provides advice to employers and / or trustees in managing the risk of what is normally now, the employers ‘legacy’ scheme.

A defined benefit (DB) pension, also known as Final Salary Pension, is a pension scheme which the pension on retirement is on the basis of a defined formula such that the employee has a certain known level of pension, based on service and earnings.. The employer though has a potentially open needed pension liability.

HEB can provide advice to employers and trustees on all key issues such as;

  • Pension accrual cessation
  • Deficit recovery plans
  • Compliance with The Regulator Codes of Practice via secretarial support for Trustees
  • Pension Scheme wind up
  • Enhanced transfer value exercises

We also have experience of providing a full range of consultancy advice to schemes entering the PPF (pension protection fund), which is a statutory fund founded to ensure continuity in pensions when employers become insolvent.

defined benefit pension consulting