Your challenges
The challenges facing the sponsors of defined benefit schemes have never been greater in terms of cost and dealing with the complexities of pensions regulation.
Achieving your ambitions
Your ambitions are likely to include reducing future service cost by closing your defined benefit scheme to new members, modifying the benefit structure, implementing a salary sacrifice scheme, or ceasing accrual. You might also be considering derisking your scheme by buying-out your pensioners or an enhanced transfer value exercise for your deferred members.
The strength you need
You need pension lawyers who will help you decide on the best way forward and who have the skills and experience to carry out the changes which you decide to implement. We enjoy working with clients, their actuaries, pension consultants and other advisers in bringing projects to a prompt and satisfactory conclusion.
Lawyers you can trust
The work of our pensions team attracts highly positive reviews in the main legal directories. In Chambers UK our pensions work is singled out for its “excellent quality” and team leader Harry Scott praised for his “thorough understanding of pensions law” and his skills as an adviser, litigator and mediator.