Paul Matthews

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.
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"
Acting for the Imperial Tobacco Pension Fund on its £1.7bn pensioner buy-in with Standard Life.
Acting for various trustee clients on buy-ins and buy-outs with Legal & General, Aviva, Just and PIC.
Advising on the closure of two schemes to defined benefit accrual through varying employment contracts.
Advising a financial services company on a complex multi-party professional negligence matter which was successfully resolved at a mediation.
Moving defined contribution sections from occupational schemes into Master Trust arrangements.
Urban dynamics are the changing elements that make up an urban environment: the opportunities and the threats. The people and...
As investors turn their minds to a gradual return from lockdown, those with a focus on ESG – and how...