Norton Rose Fulbright‘s team, praised for its ’consistent quality and first-class professional advice‘, offers clients assistance in a variety of pensions matters, from transition to a master trust, buy-ins and buy-outs, to pensions-related transaction issues. ’Highly experienced’ and ‘technical’ practitioner Lesley Browning heads the team and is particularly experienced in advising clients on underfunded schemes. Team member Shane O’Reilly is also a name to note, with recent work including advising clients on the implementation of GMP equalisations in addition to advising on the range of general pensions issues. The practice also offers assistance on the drafting of trust documentation as well as with investment issues, overpayment recovery, and de-risking matters.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘I have been using Norton Rose as legal advisors to our DB pension plan for many years. Even though the team has changed over the years, the experience throughout has been one of consistent quality and first-class professional advice - a firm that is always at the top of their game.’

  • ‘I have worked with two different teams at Norton Rose and I can only say that every single person in those teams has been excellent. I think this can only be a reflection of the very high standards of the people at Norton Rose.’

  • ‘They are more practical and commercial than most (if not all) of their competitors.’

  • ‘Lesley Browning is highly experienced and practical.’

  • ‘Lesley and Giannis Waymouth are very technical, very comprehensive, very user friendly and great value for money.’

  • ‘A very strong and knowledgeable pensions practice - I have had dealings with the pensions sections of a number of firms and have found Norton Rose Fulbright LLP to be the best.’

  • ‘Lesley Browning has an excellent understanding of pensions matters and provides her advice in a clear and straightforward way. She is totally reliable.’

  • ‘I work with Shane O’Reilly and Graeme Tricker who demonstrate patience as well as extensive knowledge. This is the best team I work with.’

Key clients

  • Abellio Transport Holdings
  • AB Stena Finans
  • Accolade Wines Ltd
  • AES Corporation
  • AIG Life Limited
  • AmTrust International Limited
  • A. Schulman Limited
  • AXA UK plc
  • Bain Capital
  • Bank of Ireland
  • Barclays Bank plc
  • Bombardier Inc.
  • The Boston Consulting Group Limited
  • BMO Asset Management
  • BMO Financial Group
  • Canada Life Limited
  • Carnival plc
  • Carlsberg UK Limited
  • Carrier Pension Trustee Limited
  • Charles Taylor Limited
  • Chubb Services UK Limited
  • Civil Aviation Authority
  • Cognizant Technology Solutions Corporation
  • Cobalt Energy Limited
  • Colgate-Palmolive (UK) Limited
  • Cooper Tyre & Rubber Co. Europe Limited
  • Countryside Partnerships plc
  • Crest Nicholson plc
  • Dalriada Trustees Limited
  • DHL International (Ireland) Ltd
  • Direct Line Group
  • Energizer Brands LLC
  • Financial Conduct Authority
  • FTI Consulting LLP
  • GFG Alliance
  • Grundfos Holding AS
  • Hayward Tyler Pension Plan Trustees
  • HSBC Global Asset Management (UK) Ltd
  • HSBC Master Trust Trustee Limited
  • HSBC Retirement Services Limited
  • Hydro Aluminium Deeside Ltd
  • Hydro Aluminium UK Limited
  • Hydro Building Systems UK Ltd
  • Hyperion Insurance Group Limited
  • IMI plc
  • ING Bank NV
  • Invensys Pension Trustee Limited
  • Irish Pensions Trust Limited
  • Kerry Group Plc
  • Lancaster Landmark Hotel Company Limited
  • Lyondell Chemical Europe Inc.
  • Maersk Line UK Limited
  • McLaren Technology Group Limited
  • Mercer Limited
  • MS Amlin plc
  • Munich Re
  • Nordea Bank
  • Norsk Hydro ASA
  • Northern Marine Management Ltd
  • Olympus Management Limited
  • Oxford Instruments Plc
  • P&O Ferries
  • Post Office Limited
  • QBE
  • RGA UK Services
  • RWE A G
  • Renishaw plc
  • Ross Trustees Services Limited
  • Rothesay Life
  • Royal Bank of Canada
  • Russell Investments Limited
  • RWE AG
  • Sandvik AB
  • SNC Lavalin
  • Stena Drilling Limited
  • Stena Line Limited
  • Sun Life of Canada
  • Teacher Retirement System of Texas
  • Trustee of the IPT Group Pension Plan
  • Trustee of the Oxford Instruments Pension Scheme
  • Trustee of the Steel Construction Institute Pension Scheme
  • Trustees of the Bayerische Landesbank Retirement and Death Benefits Plan
  • Trustees of the BBVA London Pension Plan
  • Trustees of the Crown Agents Superannuation Scheme
  • Trustees of the Dover Harbour Board Pension and Life Assurance Scheme (1973)
  • Trustees of the J.J. Churchill Ltd Executive Pension Plan
  • Trustees of the Marylebone Cricket Club Pension and Assurance Scheme
  • Trustees of the National Bank of Abu Dhabi Pension and Life Assurance Scheme
  • Trustees of the Shaw Group UK 1997 Pension Scheme
  • Trustees of the SITA Defined Benefit Pension Scheme
  • Trustees of the Thomson Pension Fund
  • Trustees of the West of England Ship Owners Insurance Services Ltd Retirement Benefits Scheme
  • USAA Limited
  • V. Ships UK Ltd
  • Vitality Life Limited
  • Vroon Offshore UK Limited
  • Wincanton Pension Scheme Trustees

Work highlights

  • Advised Olympia Limited on a TUPE Transfer and its ongoing pensions obligations, together with advice on a Venture Management Agreement and a buy-out.
  • Advised Stena Drilling Limited on the transition to a master trust.
  • Advised Renishaw plc on complex negotiations with the scheme trustees on past pension overpayments.

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.

Lesley Browning

Other key lawyers

Shane O’Reilly, Giannis Waymouth, Graeme Tricker