The pensions department at Slaughter and May is lauded by clients as being a ‘very capable team’ with ‘incredible technical expertise’. Charles Cameron leads the practice and is experienced on benefit change exercises and innovative de-risking strategies, particularly within the industrial and manufacturing industries. More broadly, the team is well-equipped to advise its clients on the full gamut of advisory pensions work, which includes providing cross-border assistance in transactional matters for its clients, including trustees, insurers, and employers. Sandeep Maudgil is a key contact for strategic and high-value pension work, while Daniel Schaffer is a name to note for the implementation of benefit redesign projects. Chris Sharpe was promoted to partner in May 2022.
Testimonials
Collated independently by Legal 500 research team.
‘Chris Sharpe brings a fresh approach to the team.’
‘Focused on giving the best advice and doing the right thing.’
‘Incredible technical expertise and experience dealing with pension scheme trustees, which is deployed to assist corporate clients.’
‘Adrien Mallevays' technical expertise is unquestionable and his approach to client engagement and clear, commercial and confident application of the law is different to most of his peers.’
‘The team at Slaughter and May has a strong client focus and successfully handles the most complex of legal pension issues. The team is collaborative, responsive, and draws on specialist expertise from other areas of Slaughter and May, where needed. Slaughter and May have recognised the increased need for virtual meetings and have invested in gold standard conferencing facilities at their offices.’
‘Lead partner Daniel Schaffer goes out of way to listen, communicate and respond. An exceptionally strong individual who seems able to visualise every eventuality to ensure that all angles are covered. All of the individuals at Slaughter and May display strong ethical and professional values and area pleasure to work with.’
‘Very capable team with broad experience. Responsive and quick.’
‘Easy to strike up a good working relationship with the team.’
Key clients
- BBC Pension Scheme
- BT Pension Scheme
- Caterpillar Pension Plans
- Diageo plc
- E.ON UK PLC
- GSK plc
- Legal & General
- Phillips 66 Pension Plan
- Railways Pension Trustee Company
- Royal Mail
- SCA UK Pension Plan
- Severn Trent pension schemes
- Tata Steel UK (British Steel Pension Scheme)
- Yell UK
Work highlights
- Advised Intact Financial Corporation and RSA on a £6.5bn buy-in insurance transaction with Pension Insurance Corporation in respect of the liabilities of two pension schemes sponsored by RSA.
- Advised Tata Steel UK on a £2bn tranche of a buy-in transaction with Legal & General for the British Steel Pension Scheme.
- Advised a number of FTSE 100 companies, including Diageo, and significant pension schemes on urgent actions required to manage liquidity needs as a result of market reaction to the UK Government’s mini-budget delivered in September 2022.
Lawyers
Practice head
The lawyer(s) leading their teams.
Charles Cameron