SCENARIO:
Our client was in the midst of a merger, and was told at short notice that the acquiring firm wished to review a sample of defined benefit cases to ensure there was no potential liabilities in the back book.
OUR WORK SUPPORTED THE MERGER TO BE APPROVED WITHIN THE REQUIRED TIMESCALES
Our client needed emergency support to ensure a proposed merger didn’t collapse when a current supplier could not provide the scale of services required.
We sourced ten experts with deep technical knowledge of pension transfers within 48 hours of instruction. We secured the right calibre of expertise, designed the review methodology and provided oversight to a ring-fenced operation within 48 hours.
Our experts significantly outperformed the existing supplier, who were instructed to stand down after two days. Huntswood completed an average of 3.6 cases per day against an industry average of 2.
The required level of cases were completed on time and our client independently assessed our quality at 90%, providing both firms with an accurate view of the level of liability and exposure.
