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Shoosmiths LLP

THE XYZ BUILDING, 2 HARDMAN BOULEVARD, SPINNINGFIELDS, MANCHESTER, M3 3AZ, ENGLAND
Tel:
Work 03700 865600
Fax:
Fax 03700 86 3001
Email:
Web:
www.shoosmiths.co.uk

Paul Carney

Tel:
Work 03700 865752
Email:
Shoosmiths LLP

Work Department

Partner, Pensions

Position

Paul advises employers and trustees on the legal aspects of all matters relating to occupational pension schemes. He has a particular expertise in dealing with public sector pensions, has participated in HM Treasury-run consultation in relation to the developments in this area of the law, and has written nationally-recognised practice notes in relation to such schemes. He is also experienced in drafting scheme-related documentation, as well as providing ongoing advice on the day-to-day running of pension schemes. Paul regularly provides support to both companies and trustees in relation to the pensions aspects of corporate transactions. Paul joined Shoosmiths in November 2012 from national firm Addleshaw Goddard LLP where he was a legal director. Paul worked at Addleshaws for 9 years. Paul’s recent work has involved:

advising the trustees of a large North West pension scheme in relation to ongoing matters and, in particular, in relation to a multilayered parent company guarantee provided to that scheme by the scheme principal employer’s group;

advising a large government department in relation to the establishment of a free-standing joint venture company which was then able to participate, in its own right, in the relevant public sector pension scheme;

advising the trustees of a pension scheme on a challenge from The Pensions Regulator in relation to their approach to a corporate restructuring some three years previously;

advising several private sector employers in relation to their successful tendering for contracts to provide services to local authorities;

advising the trustees of a North West pension scheme in relation to a challenge made by certain members of a deceased member’s family further to the trustees’ award of benefits;

reviewing historical occupational pension scheme documentation in the light of equalisation requirements and age discrimination legislation; and

advising the trustees of a number of UK pension schemes in relation to putting into place contingent assets and guarantees (including one guarantee from a US guarantor) for the purposes of the PPF Levy.

Paul has had articles and practice notes published by the PLC magazine. He is a member of the Pensions Management Institute, the Association of Pension Lawyers (APL) and he is an elected member of the APL’s newly formed national sub-committee on public service pension schemes. He was also a speaker at the APL conference on public service pension schemes (in December 2013).

Career

Addleshaw Goddard LLP, 2003–2012; partner, Shoosmiths LLP, 2012 to date.

Education

University of Wales (BA Hons 2(1), English Literature and History); University of Leeds (MPhil, History and International Studies); Universidade de Lisboa (Diploma in Portuguese); De Montfort University, Leicester (CPE, Law); Manchester Metropolitan University (LPC, Law).


North West: Human resources

Pensions

Within: Pensions

Paul Carney   at Shoosmiths LLP  advises on all aspects of pension law and has considerable experience in public service pension schemes. Associate Alexandra Ventham  routinely advises corporate and trustee clients on all aspects of pension law. The team also advises on other matters such as risk management within schemes, scheme mergers and the closure of schemes to future accruals. Clients include the Trustees of the AH Marks Pension Scheme, the Trustees of the Nufarm Pension Scheme as well as Markem-imaje Limited.

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