Services

Scheme and Corporate Restructuring

The nature and complexity of re-structuring varies from scheme to scheme depending on the scheme provisions, the company, contracts of employment and organisation culture. We advise trustees and employers on the closure of their scheme to future accrual and in relation to a change in benefit structure (the most common being a change from final salary to career average or defined contribution).

Our role includes:

drafting employee consultation
drafting member communication
amending scheme documentation.

We also work closely with employment lawyers, pension consultants and the client’s management.

In this section

Your talk did a lot to help our firm’s reputation in this sector. – head of a leading team of solicitors specialising in further and higher education

Head of Team - Specialist Solicitors in Further and Higher Education

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.

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.

EU Solvency Rules dropped

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

Pensions for Mortgages

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