Pendragon provides Perspective, the innovative and highly acclaimed legal and regulatory information service for the UK pensions industry. Organisations across the whole spectrum of the pensions industry – funds, advisers, regulators and trustees – have come to rely on Perspective.
perspective and the buy-out process
Managing Deeds in the Buy-out Process
In order to prepare for buy-out, one vital consideration is the quality and accuracy of the pension scheme’s deeds and accompanying documentation. Using Perspective to scrutinise and collate complex historical deeds will potentially reduce the cost of the transaction, limit the number of exclusions and make the scheme more attractive to the insurers.
Perspective can identify issues which need to be considered and resolved before the scheme goes to buy-out. This will enable the trustees and lawyers of the scheme to be suitably prepared for a speedy and effective buy-out.
In addition, the lawyers tasked with producing the benefit spec and those carrying out the due diligence for the insurers can focus on the many complex issues which will need thorough analysis, rather than collating, searching and wading through incoherent documents in various formats.
Ultimately, in a market with capacity issues, freeing up the lawyers’ time to carry out more transactions will be of significant benefit to the entire industry.
Features of Perspective
-
TIME TRAVELUnique to Perspective, time travel has been enhanced with a brand new Colour Key explaining the view on the screen. Users can still view text at any date in the past, present or future, but now they can also see changes that have occurred between two dates. The new “Between Dates” view adds another valuable dimension to the time travel feature. -
NO INSTALLATION REQUIREDPerspective has been set free and no longer involves detailed IT interaction or delays in users getting access. Now organisations can be online within minutes. -
DOCUMENT FINDEROur Document Finder allows users to access a Perspective document in seconds – simply type a word from the title or an abbreviation and select from a list of relevant documents. -
SEARCHINGSearching has been refined, making it quicker and easier to find what you are looking for. Now you can search documents you have recently used or are currently viewing, as well as larger collections. Results are clearly displayed, with intuitive advanced searches available.
Links
Terms highlighted in pink take you to definitions in purple,while links in blue take you to other parts of the same document or other documents on Perspective.
Notes
Notes give users additional information about the document they are viewing, including commencement, amendment and modifications of individual provisions.
Annotations
It is easier than ever to set up and access annotations for you and your colleagues across Perspective. Furthermore, you can email a specific location in a document to a colleague directly from the document you are using.
News & Document Alerts
Perspective’s highly regarded news and document alert service is available to all users. The frequency and subject areas of alerts can be modified by the user. Latest news is easily accessible from the home page.
Video on Perspective
In this short film some of the leading pensions professionals give their thoughts on why Perspective is essential within the UK pensions industry.
Why you need Perspective
Minimise Risk
Can you afford to make a wrong decision or give incorrect advice in an area as technically complex as UK pensions? Minimise the risk and be confident in your research by using Perspective.
Save Time and Money
Perspective frees pensions professionals from a time-consuming research effort so they can concentrate on giving advice. The easy-to-use system provides immediate access to relevant materials.
Enjoy Added Value
Perspective’s unique functionality has been designed and conceived with the pensions industry. Access a comprehensive range of up-to-date documents within seconds, with historic and annotated versions just a click away.
Join Our Community
Highly valued by its users, Perspective can be found in the offices of most major advisors, Government departments and regulators, as well as a growing range of pension funds and financial institutions. Use Perspective to share information with clients and colleagues with ease.
Access Knowledge Anywhere
Our online system allows you to use Perspective wherever and whenever you need it.
