Employer covenant 
 
Funding and monitoring 

The Pensions Regulator has made it clear that trustees should take into consideration the sponsoring employer’s ability and willingness to fund the benefits obligation, commonly referred to as “employer covenant” when considering their funding objectives.

Many trustees will be unfamiliar with the language used by finance directors and the key factors affecting the employer's business.  We can help trustees interpret business information and highlight key indicators to monitor on an ongoing basis.  Explaining the Trustees’ role.

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