Penningtons Manches aims to provide advice across a range of pensions-related issues in a straightforward and easily understandable manner, avoiding the use of pensions 'jargon' wherever possible.
Our team of specialist pensions lawyers has experience of all forms of UK based pension and life assurance arrangements, advising employees, trustees, intermediaries and individuals. We have an in-depth understanding of a broad range of scheme types, including trust based defined benefit, defined contribution and hybrid schemes. Our lawyers also provide advice on contractual arrangements, and obligations under the 'auto-enrolment' regime for workplace pensions.
Examples of recent areas of focus include scheme funding issues (such as negotiating security and Pension Protection Fund levy issues); corporate restructuring exercises and company sales; scheme mergers; rule consolidation projects; scheme amendments (including closure exercises) and pensions related disputes.
We also have detailed knowledge of the special rules on pensions which apply in the public sector, in particular in relation to transfers of staff to the private sector.
Our approachable team, which is recognised by both Chambers UK and The Legal 500, has many years of experience in top City and regional pensions practices within leading law firms.
Acting for the representative beneficiary in a High Court Part 8 claim brought by the principal employer of a large defined benefit scheme relating to defective trust documentation.
Advising the trustees of a multi-employer defined benefit scheme on the negotiation of a series of group company guarantees to support the funding and covenant.
Representing an overseas purchaser of the core business of a UK plc on covenant issues and Beckmann type liabilities.