Hewitsons has a dedicated pensions law team of long-standing which provides a specialist, comprehensive service.
The operation of occupational pension schemes involves a complex mix of case law, statute, revenue practice and regulatory requirements. Our pension lawyers have the skills required to provide proactive and practical advice that is accessible and affordable.
Clients include employers, trustees, pension consultants, actuaries and administrators that operate throughout the country and across a wide range of business sectors. The scope of our expertise in pension law is wide.
We handle the full range of pension issues relating to defined benefit and defined contribution schemes. Our ongoing legal work includes drafting scheme documentation and providing legal advice on issues such as scheme funding, benefit design and investments. It includes advice on the interpretation of scheme rules, the exercise of discretionary powers and the management of pension disputes.
Our expertise includes working on risk reduction and risk transfer exercises, including liability management and other one-off projects such as incentive exercises and scheme closures, mergers, demergers, buy-outs and wind-ups.
When it comes to considering pensions on mergers, acquisitions or disposals, our team of national lawyers can provide full support covering everything from an assessment of the seller's pension arrangements to advice on warranties and the employer debt regime.
The team can also help to ensure compliance with the auto-enrolment regime. This includes advising on the use of contractual enrolment and salary sacrifice arrangements, whether particular individuals are within the scope of the regime and the implications of changing to a new provider.
Members of the team have significant experience in public sector pensions, particularly involving the local government, healthcare and education sectors. We regularly advise on admissions to and exits from public sector schemes and the use of risk sharing mechanisms.