The Role:
- Draft meticulous scheme documentation.
- Offer high-quality, robust legal advice on the interpretation of scheme rules, exercise of discretionary powers, and resolution of pension disputes, including engaging Counsel when necessary.
- Provide counsel on critical issues such as scheme funding, benefit design, and investments.
- Engage in risk reduction and transfer exercises, encompassing liability management, incentive exercises, scheme closures, mergers, demergers, buy-outs, and wind-ups.
- Support mergers, acquisitions, or disposals, offering comprehensive assessments of pension arrangements, advice on warranties, and insights into the employer debt regime.
- Counsel on compliance with the auto-enrolment regime, including contractual enrolment, salary sacrifice arrangements, and navigating changes in providers.
- Advise on public sector pensions, with a focus on local government, healthcare, and education sectors, including admissions to and exits from public sector schemes and the utilization of risk-sharing mechanisms.
- Provide specialist advice, knowledge management, and training to other business units.
- Qualified solicitor with 0-3 years’ PQE, holding a current practicing certificate in England and Wales.
- Proven mix of transactional and advisory experience in a reputable pensions team, with a commitment to both facets of work.
- Thorough knowledge of relevant legislation, including the Pensions Act 1995, Pensions Act 2004, Pensions Act 2008, and associated regulations.
- Track record of delivering consistent, clear, audience-tailored legal advice on various pension law matters.
- Ability to effectively prioritize a diverse portfolio of work with competing deadlines and demonstrate initiative.
- Strong negotiation, communication, and persuasive skills.
- Familiarity with the public sector pensions landscape and the regulatory framework governing such schemes.