Richard Pettit
UK Guide 2024
Band 3 : Pensions
Band 3
About
Provided by Richard Pettit
Practice Areas
Richard advises companies and pension scheme trustees on issues including moral hazard investigations, corporate restructuring, Pension Protection Fund work, funding negotiations, scheme documentation, closures and mergers. Richard's work has included advising scheme trustees on a high-profile moral hazard investigation by the Pensions Regulator involving a financial support direction being sought against a UK and overseas listed plc; advising a manufacturing company with a pension scheme with a £60 million deficit on the entry of the scheme into the Pension Protection Fund; and providing legal advice on the detailed mitigation for a pension scheme in the context of a £4bn restructuring of the supporting employer group
Career
Richard trained and qualified at Burges Salmon (joining in 2004) and became a partner in 2015. He specialised in pensions on qualification and has worked solely in this area ever since. He is dual qualified (England and Wales, 2006; Northern Ireland, 2012)
Professional Memberships
Association of Pension Lawyers
Personal
Interest in aviation (occasional private flying and taking my young family to aircraft museums).