Family businesses with defined benefit pension schemes should be aware that the Pensions Regulator has issued their 2019 Annual Funding Statement. The statement sets out what the Regulator expects from trustees and employers of schemes with valuation dates between September 2018 and September 2019. Regardless of whether your family business pension scheme’s valuation is due…
An innovative bulk annuity for family business NG Bailey as they work to ensure the long term security of the company pension scheme. NG Bailey are a fourth-generation, family-owned construction and facilities management business based in Yorkshire. Like many businesses, it’s got a significant final salary pension scheme, with over 3,000 members and £300 million…
Western Pension Solutions is a specialist pension consultancy that provides trusted advice to family-owned firms on how to manage their defined benefit pension schemes legacy and secure their employees’ retirement future. We are delighted to announce the launch of our inaugural research report into North West family Business Pension Schemes. This research report looks at…
Western Pension Solutions (‘WPS’), the specialist pensions consultancy that provides strategic and practical advice to family businesses, has added their insight to support the Institute for Family Business (‘IFB’) as part of the collaborative response to the government consultation on the consolidation of defined benefit pension schemes. WPS is delighted to have been able to…
Western Pension Solutions is a specialist pension consultancy that provides trusted advice to family-owned firms on how to solve manage their defined benefit pension schemes legacy and secure their employees’ retirement future. We are delighted to announce the launch of our inaugural research report into Scottish family Business Pension Schemes. This research report looks at…
Western Pension Solutions (WPS) is delighted to be sponsoring the Herald Scottish Family Business Awards 2018 and to be presenting the award for the Innovative Family Business of the Year Category in Glasgow. The Herald Scottish Family Business Awards 2018 in association with Business Gateway recognise and reward family businesses of all sizes and all…
Western Pension Solutions (“WPS”) has responded to the Department for Business, Energy & Industrial Strategy’s (BEIS) update on its consultation on insolvency and corporate governance. Mike Kennedy, Director and Regional Head of Scotland for WPS commented, “WPS is delighted that the Government is calling for companies to be more transparent about how surplus revenue is allocated…
Family firms of all sizes around Scotland are in the spotlight once again as The Herald celebrates one of the most important sectors of the Scottish economy. Family firms are now able to enter the seventh Herald Scottish Family Business Awards, held in Association with Business Gateway. There are eleven categories to enter this year, as…
Western Pension Solutions (‘WPS’) have have teamed up with Family Business United (‘FBU’) to launch a new resource for the family business community. The Heritage Library is the latest bespoke resource centre that is being created by the teams at WPS and FBU as a resource to inspire family businesses today and subsequent generations too. As…
