Pension schemes are increasingly becoming an obstacle in corporate transactions such as M&A.
To avoid this happening, it is important to properly deal with the pensions issues sufficiently early in the process.
During the due diligence process special attention must be given to pensions risks.
Moreover, the impact of the transaction on the pension plans and pension benefits needs to be considered. It is, indeed, recommended to analyze all consequences (financial consequences, information and consultation obligations, discrimination, and so on) before deciding on taking over a pension plan.
The Lydian Pensions Team has extensive experience in advising on the pensions aspects of all types of corporate transactions.
See also Corporate - M&A