Case Studies

Some examples of the work we've done over the past few years which demonstrate the range of our experience and our focus on providing commercial solutions.

Surplus Satisfactorily Resolved

Surplus Satisfactorily Resolved - Remember surpluses?

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Ten Day Completion is Record Time

Ten Day Completion is Record Time

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Resolving Inequalities

We have advised trustees and employers regarding attempts to equalise normal pension age as between men and women and provided pragmatic solutions where attempts to equalise have not, at first sight, been effective.

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Ensuring Adequate Security

The £500 million listed company of our client, the trustees, proposed to change its bankers and borrowing arrangements.

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Go-ahead for Scheme Merger

We advised the trustees on the merger of a scheme contracted-out on a money purchase basis with one contracted-out on a defined benefit basis.

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Company Failure Protection

Our client were the trustees of a £5 million pension scheme whose principal employer was a private company. The company was to be sold and there would be a considerable amount of secured debt post-completion.

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Law Firm Merger

We advised a firm of solicitors merging with another firm which had its own final salary pension scheme.

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Teamwork on Higher Education Project

Through one of the firms where we act as pension consultants, and for one of their Higher Education clients, we worked alongside employment lawyers and other professional advisers.

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Successful Outcome for Educational Charity on Scheme Streamline

We assisted a large educational charity in the closure of its final salary pension scheme (1,000 members) to enable it to streamline pension provision for the whole of its workforce.

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Restructuring an Investment Portfolio

Our local authority client was an administering authority of the Local Government Pension Scheme ("LGPS") in respect of the investment restructuring of the Fund it administered within the LGPS.

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Challenging Corporate Sale

Our client, the sponsoring employer of a final salary scheme, wanted to pass the entire liability for the scheme to another company within the same group, to enable the shares of the sponsoring employer to be sold without any attaching pension liabilities.

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Current News

Cohabitee wins right to pension

The Supreme Court has ruled that a nomination requirement relating to the payment of a survivor’s pension under a public sector pension scheme discriminated against cohabiting unmarried couples and should be disapplied.

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Reversing Trustee Decisions

Trustees have on occasion relied on the “Hastings Bass” rule to unwind decisions that subsequently transpire to have unintended consequences. The scope to do so has been narrowed by the recent Supreme Court judgments in the jointly heard cases of Futter and another v HMRC and Pitt and another v HMRC.

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EU Solvency Rules dropped

The European Commission has announced that it is dropping its plans for a new funding regime for pension schemes.

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Pensions for Mortgages

Nick Clegg announces a new government idea to allow parents to use their pensions to help children onto the property ladder.

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