Preparing your pension plan for Brexit

In light of Brexit, trustees and corporate sponsors of occupational pensions need to review their defined benefit and defined contribution schemes, and protect against investment volatility, says Francois Barker, partner and head of the pensions group at Eversheds

Barely a month has passed since the historic result in the UK’s referendum on membership of the EU. Events have moved quickly, with leadership challenges being triggered by the two major parties and one already being concluded, resulting in a new prime minister and cabinet. There has also been considerable debate and discussion about what will happen next, the timing of Brexit and the possible shape of the UK’s future relationship with the EU and beyond.

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