Redundancy in focus: Pensions and incentives implications

In the fourth episode of our ‘Redundancies in focus’ podcast series, Richard Goldstein, Ian Brown and Clare Fletcher discuss the pensions and incentives aspects of redundancy. They consider the potential implications for pension schemes, the approach taken by employers and what this means for their employees.

Our five key points:

1. The potential for generous defined benefit pension treatment on redundancy (0:56)
2. Some tax issues to bear in mind for redundancy pension benefits (02:24)
3. The implications of redundancy for all employee share plans (04:21)
4. How the position differs with executive awards (05:32)
5. What approach the employer may want to take to incentivising survivors of a redundancy process (08:43)