Pensions
Now rarely out of the news, pensions have been changed and “simplified” so often that it has become increasingly concerning for all. Pensions are complex and costly and are now clearly linked to the financial health and prosperity of employers. There is a lot at stake and we never forget that. The Biggart Baillie Pensions Team keeps up-to-date with the constant stream of regulations, guidance and bulletins which all bring about adjustments and that knowledge coupled with experiences, developments in the law , changes in practice shared amongst team members are available to you . As lawyers we work with scheme actuaries, auditors, investment advisers, bankers, insolvency practitioners and pension consultants, all helping keep our finger on the pulse.
What do you need?
What we offer is practical, informed and commercial advice for our (corporate) clients which can be used as a basis for taking decisions. Our services include:
Advice on pensions law and practice, including HM Revenue & Customs practice.
Corporate Services: sales, purchases, mergers, re-organisation, review of pension arrangements, including rights and liabilities and the Pensions Regulator and Pension Protection Fund.
Deeds and other documentation.
Effective communications.
Corporate Insolvency.
Personal Insolvency.
Pensions on Divorce.
Opinions on pensions law and practice for lawyers and other professionals.
Disputes: internal dispute resolution procedure, Pensions Ombudsman, Regulatory Authorities and Court actions.
Training.
Many employers have been reviewing their pension schemes over the last few years. Many defined benefit or final salary schemes are continuing and many employers and trustees have come up with a variety of ways to tackle the challenges currently facing these schemes.
Current appointments for the team include: Morrison Bowmore Distillers Pension Fund, Standard Life Staff Pension Scheme and The Law Society of Scotland Staff Retirement Benefits Scheme.
Contacts for Pensions