England - London • Employment

PwC LLP

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PwC LLP‘s advisory pensions team is headed by Oliver Reece, who is especially well-known for his experience advising clients on regulatory matters in the pensions sphere. The practice has a particular focus on corporate entities, with clients including the BBC and IMI, but is also experienced in advising both domestic and international trustees, employers, and scheme members. Fraser Sparks brings more than 20 years’ experience to the team and is the key contact for benefit correlation issues, whilst Elizabeth Ramsaran leads the pensions ESG work. David Farmer and Lindsay O’Farrell are also names to note within the practice.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team has good knowledge, is very helpful and very available - they are able to drive transactions forward.’
  • ‘PwC's non-contentious pensions practice provides quality legal advice with a commercial context. They often work alongside their PwC colleagues from other departments to deliver an overall package of advice addressing the issues their clients are facing.’

  • ‘David Farmer exemplifies the provision of quality legal advice in a commercial setting.’

  • ‘PwC Legal is an up and coming practice in the pensions sector. Their client care and communication is first-rate, and they are also diligent and effective litigators with experience within the team of more technical pensions law.’

  • ‘David Farmer is a very likeable, hardworking, and effective litigator who is very good with clients. Oliver Reece is very clever and has a good knowledge of more technical pensions law.'

Key clients

  • Ageas Insurance Staff Pension Scheme
  • SIG
  • Inchcape
  • ASD/Kloeckner Metals
  • adidas
  • British Broadcasting Corporation
  • Pentland Brands
  • IMI plc

Work highlights

  • Advised on and implemented changes to SIG's Scottish Limited Partnership pension scheme funding structure as part of its refinancing project, so as to ensure that the level of financial support for the pension scheme was maintained.
  • Advised the BBC on all legal matters relating to its defined benefit pension scheme.
  • Advised IMI for a number of years on securing its pension liabilities in the insurance market - over £1bn in total.

Practice head

The lawyer(s) leading their teams.

Oliver Reece

Other key lawyers

Fraser Sparks, Elizabeth Ramsaran, David Farmer, Lindsay O’Farrell