Pensions

We advise on a wide range of pension matters, acting both for corporate sponsors (UK and non-UK) and for trustees.

Our work includes:

• establishing and operating all kinds of registered and non-registered UK pension schemes
• pension benefit change exercises
• pension fund deficits including funding valuation negotiations
• restructuring, merging and winding up of pension schemes
• investment issues including implementation of liability driven investment strategies
• the buy-in and buy-out of pension benefits with insurance companies, and the insurance of pension liabilities using collateralised asset swaps and longevity insurance contracts
• pension aspects of acquisitions and disposals, flotations, privatisations, reconstructions and demergers including applications for clearance from the Pensions Regulator
• disputes involving pension schemes. We work in multi-disciplinary teams with lawyers from our Dispute Resolution group to form a Pensions Dispute Resolution practice
• establishing overseas pension schemes working with local counsel
• cross border pension issues working with local counsel