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Liability Management Exercises

Increasing liabilities and market volatility pose potentially large and unknown risks, both financial and reputational. How does your pension scheme manage these risks?

The lawyers at Hogan Lovells help employers control uncertain liabilities and undertake liability management exercises. We guide clients on pension increase exchange (PIE) exercises, where members cap pension increases. We also advise on enhanced transfer value (ETV) exercises, where members are incentivized to transfer out of their scheme.

Trustees and employers call on us for a range of solutions. We find what works best for you and help you implement it.

Practices

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