The latest figures from PwC’s Skyval Index show a total deficit of £630bn in the UK's defined benefit (DB) pension funds, as at October 2016. The implications in the DB pension scheme deficit include, potential extra cash requirements, covenant compliance and distributable reserves. Understanding these and managing them is important for owners and managers alike. It isn't just about managing risks but could also impact a businesses growth plans through constraining cash or exit plans as increasing funding requirements scare off potential buyers. Taking advice in a timely manner is really important and I am continually taking to my clients about their options. Solutions are not one size fits all!