Pensions

Advised XPS Pensions Group on an option agreement to sell XPS Pensions (Nexus) Limited, principal employer and scheme funder to the National Pension Trust, to SEI.

Advised the UK branch of a major international bank on options for managing pension liabilities regarding its defined benefit pension scheme in the UK. We provided strategic pension advice at the outset on options, including winding up the scheme.

Prepared updates to standard SSAS trust deeds and rules for a leading UK professional services consultancy, used across its book of over 2,000 schemes, to facilitate the administration of SSASs and mitigate key business risks.

Advised a major travel retailer on the pensions aspect of a group restructure, including managing a surplus in a legacy defined benefit pension scheme.

Advised the professional trustee arm of a pension provider on certain investments made by SSASs and SIPPs over claims raised by its clients concerning potential losses to the pension scheme assets.