1
Pensions: Midlands - Chambers and Partners, 2025
Trustee Advisory
Trusted by trustees
Our expert team of pension trustee advisers can help navigate the complex world of pensions, offering clear, practical and commercially-focussed legal advice to help you overcome challenges, make the most of the opportunities presented to you and stand confident in the decisions you make for your schemes.
We prioritise building a collaborative partnership with you, getting to know you to understand your specific needs. Whether you're concerned about regulatory, investment, governance or administration, we've got you covered from all angles to ensure holistic and balanced advice. Cutting through the jargon, we'll focus on offering pragmatic and actionable solutions, specially tailored to meet your needs and priorities.
We're also well versed in risk management, with the knowledge and understanding needed to support you through the full lifecycle of your scheme, from sponsor restructurings through to data and cyber-security threats and end-game planning.
No scheme too big or small
We offer trustee advice across all shapes and sizes of pension schemes from multi-billion pound to schemes with just a handful of members. We have extensive experience across private, public and third sectors, including defined benefit (DB), defined contribution (DC), hybrid arrangements and common investment funds.
We have long-term relationships with smaller pension schemes, as well as large-scale national and global schemes, with more than 20 billion pound plus schemes including the University Superannuation Scheme (USS) - the UK's largest occupational pension scheme by assets under management.
Recevez nos mises à jour
Veuillez vous inscrire pour recevoir des nouvelles au sujet des plus récents changements et développements juridiques.
S'abonnerHow we can help
No matter the type of scheme you're involved with, you can rely on our advice across the full range of challenges and opportunities you're likely to face. Our pensions trustee advisors will blend a long-term, relationship-driven approach with technical excellence and innovative solutions to deliver exactly what you need, when you need it, in a rapidly evolving pensions market.
Business as usual and scheme-significant projects
Whether you're looking for day-to-day advice with rule interpretation, member complaints and queries or support with transformational scheme projects, we can help. We're experienced in everything from risk identification to developing long-term objectives, preparing trustees for risk transfer, establishing data and cyber security protections and tackling GMP equalisation and benefit correction projects. We can also provide regular trustee training and workshops (both in person and online).
Large and complex schemes
Smaller schemes
Corporate transactions
Risk transfer
Insolvency and PPF assessment
Business as usual and scheme-significant projects
Whether you're looking for day-to-day advice with rule interpretation, member complaints and queries or support with transformational scheme projects, we can help. We're experienced in everything from risk identification to developing long-term objectives, preparing trustees for risk transfer, establishing data and cyber security protections and tackling GMP equalisation and benefit correction projects. We can also provide regular trustee training and workshops (both in person and online).
Large and complex schemes
No matter how large or complex your scheme may be, we can help. We advise pension scheme trustees of some of the largest and most complex schemes in the UK, including those for major corporates such as Fujitsu, Pirelli, Thales, Mitchells & Butlers, Rolls-Royce, Unisys and the Trafalgar House Pensions Trust.
Smaller schemes
Our innovative Clear Costs Plan can provide clarity and certainty allowing you to deliver the best outcomes for your scheme without having to worry about the "ticking clock" of advisor costs. We'll tailor a bespoke plan to meet your specific needs, coming up with an agreed list of core services at a fixed price (capped in year one) and providing access to our full-service firm's expertise.
Corporate transactions
Corporate transactions can bring around uncertainty for trustees of impacted schemes. We provide trustee boards with clear, pragmatic and actionable advice to get the best results possible for your scheme in these time-pressured deals.
Risk transfer
We have spent the past two decades helping clients deliver transformational risk transfer deals. Our trustee advisors have helped secure billions of pounds of scheme liabilities in some of the largest buy-in transactions, including Thales UK Pension Scheme's £2.7 billion buy-in with Rothesay and Legal & General Group pension scheme's £1 billion buy-in with Legal & General Assurance Society.
Insolvency and PPF assessment
If you're facing the insolvency of your scheme sponsor, you'll need practical and proactive advice to get the best deal for your schemes. As a market leader, in delivering PPF+ deals, we have extensive experience navigating the various restrictions and operational considerations you're likely to face throughout the process.
1
Pensions: West Midlands - The Legal 500, 2025
2
Pensions: Non-contentious - The Legal 500, 2025
Client work
Britannia Pension Scheme
Britannia Pension Scheme
We advised the Trustees of the Britannia Pension Scheme on its sale of a private credit fund exposure. We helped the Trustees achieve an industry first by using the innovative Isio Fund Liquidity Options (i-FLO) platform.
Britannia Pension Scheme
Britannia Pension Scheme
We advised the Trustees of the Britannia Pension Scheme on its sale of a private credit fund exposure. We helped the Trustees achieve an industry first by using the innovative Isio Fund Liquidity Options (i-FLO) platform.
Arriva Group Schemes
Arriva Group Schemes
The team advised the Trustee of the Arriva Group Schemes relating to the major corporate sale of Arriva Group by Deutsche Bahn to a US infrastructure investor. The deal involved four pension schemes in the Arriva Group and was delivered against a tight commercial and regulatory timetable.
Thales UK Pension Scheme
Thales UK Pension Scheme
We have advised the Trustee of the Thales UK Pension Scheme since 2009. Our strong relationship with the Trustee and deep experience with the scheme was vital in helping the Trustee secure a complicated multi-billion-pound buy-in and then buy-out within a compressed and commercially-driven timetable.
McColls Retail Group's Pension Schemes
McColls Retail Group's Pension Schemes
Wm Morrison Supermarkets bought the assets of McColl's Retail Group via a pre-pack administration We delivered clear and commercial advice at pace to help the trustee of the McColl Retail Group's pension schemes through their negotiations with the sponsoring employer and Morrisons. This achieved a rare scheme rescue, as a result of which the schemes exited a PPF assessment period.
