Testing the covenant

Features

pg19-chris-holden-jpg

Nick Dunbar, editor of Life & Pensions magazine.Chris Holden, chairman of the £3 billion telent pension scheme, also known as the GEC Marconi scheme.Helen James, director of Law Debenture Pension Trust Corporation, a firm of independent pension trustees.Eric Hunt, head of pensions for BAA and secretary to the trustees of the £2.2 billion scheme.Tony Watson, chairman of the £5 billion Marks and Spencer pension fund.Nick DunbarThe sponsor covenant is perhaps the most critical factor in UK defi

To continue reading...