What the team is known for
A leading practice offering innovative de-risking solutions and advice on changes to cross-border pension schemes. Additionally recommended for its regulatory proficiency and for work on the pensions aspects of complex corporate transactions. Regularly advises both trustee and sponsor clients on strategic decisions, projects and technically demanding areas of pensions law.
Strengths
Clients appreciate the teamwork shown by lawyers at Allen & Overy, with one saying: "They work well together, bringing together the necessary disciplines for more complex requests."
A client says: "A&O is my go-to firm where in-depth sector or legal expertise is needed."
Interviewees say: "What sets the firm apart from others is the client focus and approachability of the lawyers, who are subject matter experts who communicate clearly with lay audiences."
Work highlights
Represented the BBC Pension Scheme in a £3 billion longevity swap deal with Zurich and Canada Life Reinsurance.
Notable practitioners
Andrew Cork handles complex transactions involving pension funds. He is a go-to adviser for a number of major pension trustees.
Derek Sloan continues to offer expert counsel on the full range of complex pensions issues. He regularly advises trustees and employers on scheme restructuring and the pensions implications of major corporate transactions.
Jane Higgins is noted for handling complex issues within the pensions space. She is called upon by trustees and employers for guidance on compliance, governance and scheme changes.
"Jane is responsive, proactive and always extremely well prepared." Jessica Kerslake provides advice on the full range of issues facing pension trustees and sponsors.
"She is thorough, detailed and a good communicator." Neil Bowden assists employers and trustees of major pension plans with handling the full range of regulatory and transactional challenges affecting their schemes.
"He is able to put himself in the shoes of the client and find solutions that make sense from a commercial and professional perspective."