Paul Ashcroft

Solicitor

Pensions & Employee Benefits




T: +44 (0)20 7395 3020
pashcroft@wedlakebell.com



Expertise

Paul is a solicitor in our Pensions & Employee Benefits team, providing specialist legal advice for trustee, employer and private clients.


Recent Experience

Advisory Work
Advising on a range of UK pension scheme issues including auto-enrolment, benefit reviews, closure to accrual, equalisation, GMPs, insolvencies, member communications, pension increases, revaluation, scheme wind-ups, segregation, transfer values and TUPE.

Advising on managing scheme liabilities and s75 debts including buy-ins/buy-outs with insurers, drafting flexible apportionment arrangements and contingent asset guarantees.

Drafting scheme documentation including amendment deeds, data sharing agreements, employer deeds of adherence, trustee appointment deeds and resolutions.

Advising on PPF entry and PPF assessment periods and drafting admissible rules, equalisation, and benefit specification reports.

Transactional Work
Advising on the pension aspects of multi-million pound corporate transactions, due diligence reports, RFIs, pensions warranties and indemnities to SPAs and APAs.

Advising a professional trustee and negotiating on a deal to compromise the trustee’s claims to an employer’s s75 debt. Drafting the documents to give effect to the deal including the framework deed, deed of amendment, security documents, valuation documents and clearance application.

Contentious Work
Advising on a variety of proceedings from the Hampshire CJEU judgment and judicial review on the lawfulness of the PPF compensation cap, to individual Pensions Ombudsman complaints.


Career History

Paul joined Wedlake Bell in December 2019 having previously trained at DWF in 2015 and qualified into the Pensions team at DWF in 2017. Paul studied law at the University of Warwick.