Overview
Rosalind advises trustees and companies on all aspects of pensions law, including trust law and regulatory advice. She has specialist expertise in benefit change programmes, valuation negotiations (including involvement from The Pensions Regulator), and funding (including contingent assets), buy-out, investment and governance issues. Rosalind also regularly advises on executive arrangements and on the pension aspects of corporate takeovers, mergers and acquisitions, and reorganisations (including clearance).
Rosalind leads the Pensions Investment Practice, which brings together experts from the firm’s investment management, derivatives and structured products and pensions teams to provide the firm’s clients with cost-effective, user-friendly advice on their investment matters. Roz is also the Knowledge & Learning partner for the Pensions practice.
Work Highlights
Rosalind has advised on a wide range of complex pensions schemes. Those that can be disclosed include advising:
- British Airways on its funding negotiations with the trustees
- AXA UK on its pension schemes, pensions increase exchange, asset-backed contribution structure, switch to defined contribution benefit provision, longevity swap and subsequent funding discussions and business disposal of Elevate, its wrap platform business
- Centrica PLC on benefit changes
- Unilever PLC on its pension scheme generally
- The trustees of MMC UK Pension Fund, Tesco PLC Pension Scheme, Marks & Spencer Pension Scheme, Barclays UK Retirement Fund, Aviva pension funds on complex pension scheme matters including funding, security and covenant support, benefit change programs, longevity swaps, risk management and buy-ins
- TPT, a multi-employer master trust, on pensions and compliance matters generally
- Water Companies Pension Scheme on the fallout from the proposal to return surplus to the sponsor following the decision to buy-out and wind-up