Linklaters' pensions practice is one of the most established and highly-rated practices in the UK and across Europe
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Our pensions de-risking practice brings together legal expertise in pensions, corporate insurance, investment management, banking, derivatives and structured products and data protection, providing strength in both breadth and depth making sure you have every angle covered for your transaction.Read more Pensions De-risking
The Pensions Dispute Resolution Group deals with the most difficult, complex and high value pension disputes in the UK. Most work we do for our clients never becomes known. We are expert at resolving and avoiding disputes. We always take the most proactive and constructive approach, avoiding going to Court if we can. However, we are always ready to fight our client’s corner.Read more Pensions Dispute Resolution
Linklaters’ Pensions Investment Practice is a cross-practice group offering an integrated service to pension funds needing legal advice on any aspect of their investments.Read more Pensions Investment Practice
Our market-leading team of multidisciplinary and highly experienced lawyers are at the forefront of supporting clients on ESG issues. We are experienced in advising on a wide range of matters, from the detail of TCFD governance and reporting to broader questions such as whether trustees can and should invest for net zero.Read more Pensions ESG
Examples of our recent experience include
We advised the Trustee of the Aviva Staff Pension Scheme on an umbrella buy-in contract with Aviva Life with an initial value of £1.7bn in October 2019. This represents the largest bulk purchase annuity contract entered into by Aviva Life to date.
We advised Rothesay Life plc on a £3.8bn buy-in with the Allied Domecq Pension Fund in September 2019. The transaction is the fifth largest buy-in transaction announced to date by our pensions practice which has built a reputation for record breaking deals in this area.
The buy-in secures the majority of the Fund’s liabilities and is the largest scheme buy-in on record that incorporates deferred members.
We advised the Trustee of the British American Tobacco UK Pension Fund on a £3.4bn buy-in for pensioner and deferred members of the Fund in July 2019. The deal represents the third largest buy-in to date, and will help to improve the security of members’ benefits.