David Gallagher, who is described by clients as ‘one of the best pension lawyers in the industry’, leads the non-contentious pensions team at Fieldfisher. Gallagher is noted for his knowledge of the electricity industry, while Michael Calvert has expertise in the pension elements of corporate transactions and restructurings. Jeremy Harris works from the firm's Manchester office, and has extensive experience advising on pensions regulatory matters. Another key contact is Sebastian Reger, who specialises in derivatives, structured finance issues, debt capital markets work and investment arrangements.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Competent and experienced team with particular depth and breadth in the Electricity Supply Pension Scheme and its Groups.’

  • ‘David Gallagher is one of the best pension lawyers in the industry - knowledgeable, presents extremely well, pragmatic and clear, and easy to work with.’

  • ‘Highly professional and responsive.’

  • ‘An expert in his field, uses common sense and a pragmatic approach.’

  • ‘The team are extremely responsive and solution focused.’

  • ‘Michael Calvert provides succinct, timely and focused advice, enabling the Trustees to make decisions and take action.’

Key clients

  • Trustees of the Sibelco UK Occupational Pension Scheme
  • Trustees of the Cooper Consolidated Pension Plan
  • Trustees of the MTL Instruments Group Pension Scheme
  • Electricity Pensions Trustee Limited
  • Trustees of the Family Assurance pension schemes
  • Trustees of the Power Generation Pension Scheme
  • Trustees of various pension schemes sponsored by Arriva PLC
  • Trustees of the Beazley Furlonge Limited Pension Scheme

Work highlights

  • Advising Electricity Pensions Trustee Limited on day-to-day matters and structural projects including implementation of the TCFD legislation and preparing to implement pensions dashboards and the Pensions Regulator's General Code.
  • Advised Munich Re on a longevity swap worth approx. £2bn with the MMC UK Pension Fund.
  • Advising the Trustees of the Drax Group of the Electricity Supply Pension Scheme on the merger of the scheme (a sub-scheme within the industry-wide ESPS) into another of the employer's schemes outside the ESPS.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

David Gallagher

Other key lawyers

Michael Calvert, Jeremy Harris, Sebastian Reger, Andrew Patten, Katie Whelan