Pension scheme trustees are under pressure to balance the interests of members and corporate sponsors.
Our Pensions team uses its experience to ease this pressure, ensuring trustees remain confident of fulfilling their obligations. Faced with an almost constant stream of changes, being a pension scheme trustee can be an arduous task.
As a result, having dedicated trustee governance measures, expert advice on tap and accurate, up-to-date documentation in place is a prerequisite for running a successful scheme. In the heavily regulated pensions world, this promotes transparency in decision-making, as well as healthy debate and discussion. Above all else, it helps to manage the inherent risks and conflicts of interest in pension schemes, as well as reducing the risk of costly litigation due to drafting errors and ambiguities.
Our Pensions & Employee Benefits team has extensive experience in this area and currently advises the trustee boards of over 30 occupational defined benefit pension schemes, as well as many defined contribution arrangements.
Our team also advises employers, insurers and pension providers on a wide range of legal and governance requirements underpinning their arrangements.
In addition to providing specific legal advice, we keep our clients informed with regular e-bulletins, seminars and workshops covering the latest issues and trends relating to pensions.
PLEASE NOTE: Our independent trustee company, Wedlake Bell Pension Trustees Limited, is available to act as trustee in appropriate cases.
