Overview

Our market leading team has exceptional experience in pensions regulatory schemes of all sizes, including the first ever Contribution Notice, Desmonds. Our regulatory experts include Clive Pugh who spent five years at the Pensions Regulator. Our experience has earned our team strong recognition in legal directories by making a real difference for clients.

We have an in-depth understanding of pensions regulatory bodies’ expanding scope of intervention and, as a result, we are experts in dealing with the Regulator. Our detailed knowledge includes extensive work on the regulatory investigations of Silentnight, Brunel and Great Lakes.

We support our clients in taking forward successful clearance applications and debt compromise agreements which are acceptable to the Pensions Regulator.

Areas of focus

We provide expert advice and support on complex pensions regulatory matters, including the following:

  • Scheme funding negotiations, in compliance with scheme specific funding regimes.
  • Anti-avoidance powers which can be exercised by the Regulator in relation to your scheme.
  • Clearance applications and alternatives.
  • Solvency issues, including managed PPF entry ("drop-ins") by way of regulated apportionment arrangements and PPF compromises of scheme deficits.
  • Regulatory investigations.
Experience

Advising on the substantial regulatory matter of Silentnight.

Advising on the leading regulatory investigation relating to the Brunel Group.

Successful RAA application to the Pensions Regulator.

Successful CVA application to the PPF.

Advising the Demonds Scheme on the first ever Contribution Notice.

Advising on pension's aspect for numerous international restructurings including Toshiba, Malaysia Airlines, Japan Airlines and Pioneer.

Meet the team
Clive Pugh

Clive Pugh Partner

  • Pensions Regulatory
  • Pensions Services
  • Pensions in Northern Ireland
Richard Pettit

Richard Pettit Partner

  • Pensions Regulatory
  • Pensions Services
  • Pensions in Northern Ireland
Michael Hayles

Michael Hayles Partner

  • Pensions
  • Public Sector Pension Schemes
  • Financial Services