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Shepherd and Wedderburn

Work 0131 228 9900
Fax 0131 228 1222
551970 EDINBURGH-53

Andrew Holehouse

Work 0131 473 5192
Shepherd and Wedderburn

Work Department

Pensions law


Andrew is a partner and a recognised pensions law expert. In particular, he is noted for his work in electricity supply and distribution industry pensions, and is the draftsman of the protected persons regulations on pensions, which have applied to the electricity industry since its privatisation. He has acted on a number of groundbreaking pensions arrangements, including advising the trustee of the ScottishPower pension scheme’s £2bn Longevity swap – a relatively new and complex financial instrument. He advises trustees of major occupational pension schemes and private and public companies on the full spectrum of pensions law issues including pensions liability and risk management, buy-in and buy-out insurance, benefit design and change, acquisitions and disposals, pension scheme restructurings, winding up pension schemes, and employer financed retirement benefit schemes. Andrew is a Committee member of the NAPF Scotland Group as well as a full member of the Association of Pensions Lawyers, and of the Law Society of Scotland Pensions Law Working Party. Admitted in Scotland, England and Wales.


Articled Watts, Vallance & Vallance, London 1979-1981, qualified as English solicitor 1981; assistant Rooks Rider, London 1981-84, partner 1984; moved to Scotland 1987 and joined Shepherd and Wedderburn 1988, qualified as Scottish solicitor 1989; appointed associate 1990; partner 1992 to date.


Committee member and past chairman of the National Association of Pension Funds (NAPF) in Scotland; committee member and past chairman, Scottish Group Association of Pension Lawyers; Law Society of Scotland Pension Law Specialist Committee and Pensions Law Working Party.


Wolverhampton Polytechnic (1978 LLB Hons); College of Law, Lancaster Gate (1979 distinction).


Opera, rugby, classical music, oriental carpets.

Scotland: Human resources


Within: Employment

Shepherd and Wedderburn advises a variety of blue-chip corporates and university sector clients on all aspects of contentious and non-contentious employment law. The group has been appointed as the employment adviser to the University of Glasgow, and is on the University of Edinburgh’s panel. The practice is led by the ‘highly valued’ Neil Maclean , who clients rate as ‘an expert in his field and adept at guiding clients robustly but supportively’. Katie Russell is representing BMI Regional in various disputes with former employees, defending claims brought in the Aberdeen and Nottingham employment tribunals. The group advised FRP Advisory on a number of matters, including the employment aspects of the pre-pack administration and sale of the defunct law firm, Pagan Osborne, to Thorntons LLP.  'The professional, approachable and extremely competent’ Andrew Holehouse is also recommended.

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Within: Leading individuals

Andrew Holehouse - Shepherd and Wedderburn

Within: Pensions

Shepherd and Wedderburn’s highly experienced team is ‘excellent in all areas’, handling pensions work including scheme documentation, employment matters related to the scheme, benefit changes, in addition to pensions advice on M&A transactions. The ‘commercially astute and pragmatic’ Louisa Knox advises the trustees of the Standard Life Staff Pension Scheme on all aspects of pensions law, including the implications of proposed corporate activity. The ‘professional, approachable and extremely competent’ Andrew Holehouse assists the Universal Music Group Pension Scheme with all pensions matters, including the appointment of Legal and General as fiduciary investment managers to the scheme and in connection with a trustee-led enhanced transfer value exercise for the scheme’s deferred members. Ed Mustard advised the trustees of the Miller Group Pension Scheme, in connection with the acquisition of Miller homes by Bridgepoint. Senior associate Richard Jones is also recommended, and has a particular focus on investment issues.

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