Pensions lawyers specialise in the often complex and highly regulated area of pension schemes.
They advise on the legal aspects of setting up, managing, and restructuring pension schemes for pension funds, trustees, employers, scheme members and corporate investors.
Their work involves a mix of transactional, advisory, and contentious matters, often intersecting with corporate, funds, employment, and regulatory law.
Typical matters that pensions lawyers work on include advising on the implications of company pension schemes in an M&A deal, advising on pension scheme mergers and wind-ups, and handling disputes between employers and trustees, member complaints, or regulatory investigations.
Typical tasks for a pensions lawyer might include drafting trust deeds and rules for new or amended pension schemes, ensuring compliance with relevant pensions legislation like the Pensions Act 2004, advising trustees on their duties and responsibilities, and engaging with regulators in connection with corporate activities affecting pension schemes.
Pensions lawyers at the leading London law firms can expect to earn between £120,000 - £150,000 at the junior end of the associate scale (up to 2/3 years’ PQE).
Mid and senior-level associates can expect to earn north of £200,000.
We have a list of salaries paid by all of the UK’s top law firms here.
Pensions law is a specialist area, and several of the best firms are specialists themselves.
Sackers, for example, is a specialist pensions law firm and is considered to have one of the leading practices in the UK. Arc Pensions Law is another specialist with a highly-regarded practice.
Other leading firms include A&O Shearman, CMS, Eversheds Sutherland, Linklaters, Pinsent Masons, and Travers Smith.
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