We regularly act on a variety of pensions-related transactions for our clients, particularly as part of our legal assistance to public authorities across the country in relation to managing their respective workforces and in delivering successful organisational restructuring in order to achieve the best commercial solution.
In conjunction with our top-rated procurement team, our pensions’ team are well versed in advising on the pensions implications of staff transfers under the Transfer of Undertakings (Protection of Employment) Regulations (TUPE).
We have additionally prepared, advised on and negotiated the terms of numerous pension scheme admission agreements and are familiar with a variety of ‘pass-through’ and risk-sharing agreements, including ‘cap and collar’ arrangements. In addition, we have acted for both transferring employees and many admission authorities in relation to admission agreements under the Local Government Pension Scheme.
Case highlights
- Advising Suffolk County Council on the closure of a Pension Fund for employees of Ipswich Buses.
- Advising a commercial body providing public sector services on the in-sourcing of a service devolved from central government, inc. pensions transfer, identification of management staff in scope to transfer, assimilation to other roles.
- Advising three District Councils regarding TUPE and pension aspects of the outsourcing of a shared service including a bespoke admission agreement for the pension fund.
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