Paul is a senior Partner in our pensions practice, advising both trustees and employers on all aspects of pensions law, with a focus on large schemes.
His recent work has covered all aspects of risk management including buy-ins and buy-outs (he acted for the Imperial Tobacco Pension Fund on their £1.7bn pensioner buy-in with Standard Life), PIE exercises and Transfer Out (ETV) exercises. He has also recently advised on benefit changes, scheme closures, winding-up, establishing escrow arrangements and regulatory compliance. He has been advising on pensions-related matters for over twenty-five years.
He also advises on pensions disputes, including cases before the Pensions Ombudsman and High Court claims. He recently acted on a complex multi-party professional negligence matter that was successfully resolved at a mediation.
Paul has been at Osborne Clarke since 1993, and has been a Partner since 1999. He is currently the service line leader for Pensions and Competition.
He is a director of our independent trustee company Open Trustees Limited, an accredited professional pensions trustee, and a member of the Association of Pension Lawyers.
Helping you succeed in tomorrow's world
I head up our Future of Work practice, assisting employers plan for an increasingly changing and ageing workforce. OC has recently published a report in the space called "Providing for tomorrow today: understanding an ageing workforce" that touches on this and other issues related to attracting and retaining talent.
"Paul is someone who has been in the field for a long time – he's got experience you can't buy and has a nice, easygoing client manner"
Imperial Tobacco Pension Fund
Acting for the Imperial Tobacco Pension Fund on its £1.7bn pensioner buy-in with Standard Life.
Various Trustees
Acting for various trustee clients on buy-ins and buy-outs with Legal & General, Aviva, Just and PIC.
Utilities sector client
Advising on the closure of two schemes to defined benefit accrual through varying employment contracts.
Financial services client
Advising a financial services company on a complex multi-party professional negligence matter which was successfully resolved at a mediation.
Pharmaceutical, utilities and defence sector clients
Moving defined contribution sections from occupational schemes into Master Trust arrangements.
Insights
Flexibility and training are the key to retaining older talent in the UK workforce
What does hybrid working mean for your company’s carbon footprint?
How businesses can benefit from nurturing a green workplace
AI in the employment lifecycle: what pro-innovation regulation means for employers
Low carbon skills inhibiting smart city development: a chicken and egg situation?
'Green jobs' and 'green HR': the decarbonisation transition from a workforce perspective
Igniting an investment 'big bang': can DC schemes invest in illiquid assets?
As the government challenges all institutional investors to invest more in long-term UK assets, we look at the work being...
Hybrid working: what are the legal risks to fast-track business growth?
New ways of working during the pandemic have put the onus on businesses to 'do it right' by their employees...
Hybrid working: tumble out of bed and stumble to the kitchen
Businesses planning for the 'new normal' of flexible work will need to focus on workforce wellbeing, structures for agile working...
Urban Dynamics | Managing risk around the shift to hybrid working
The necessary shifts in how and where we work during the pandemic have created new legal and compliance risks for...