News

• 19 March 2020

  Darren Redmayne comments in the Financial Times

  Darren Redmayne, CEO of Lincoln Pensions, commented in the Financial Times. In recent days there have been requests coming in from employers supporting DB pension schemes as they grapple with the increasing pressure and business climate from the coronavirus pandemic. Darren quoted: “We are seeing a notable number of requests from companies standing behind defined […] More

• 18 March 2020

  COVID-19 impact on schemes and sponsors and practical steps to undertake

  The Coronavirus (COVID-19) situation continues to rapidly evolve across the globe. Uncertainty and fear are causing significant market fluctuations as seen in early March. Restrictions put in place to isolate the spread of the disease will have a significant impact on macroeconomic output in the global economy, and the timeframe over which this situation will play out […] More

• 6 March 2020

  We comment in The Telegraph on Flybe’s collapse and impact on its pension scheme members

  Our comment regarding Flybe’s pension scheme, following news of its collapse, was published in The Telegraph. Dan Mindel commented: “There are a number of DB schemes where the fund or the principal employer is not registered in the UK and therefore do not qualify for protection from the Pension Protection Fund (PPF). “This case, in […] More

• 3 March 2020

  TPR releases its consultation on a new DB funding code of practice

  Today, TPR released its consultation on a new DB funding code of practice. We look at what this means for trustees and sponsors of DB pension schemes and highlight the key points. Key points for trustees and sponsors to note are: 1 Twin track regulatory approach to scheme funding As expected, TPR is proposing a dual […] More

• 3 February 2020

  Pension Protection Fund Levy Certification 2020/21 – deadline soon

  The deadline for trustees and sponsors to certify contingent assets to reduce their Pension Protection Fund (PPF) levy will soon be upon us. This includes group company guarantees (“Type A” contingent assets) and asset backed contribution (“ABC”) structures. Many will have received levy benefit from these assets in previous years but will need to re-certify […] More

• 24 January 2020

  Dan Mindel co-writes article for International Corporate Rescue on defined benefit pension schemes

  Dan Mindel, Managing Director and Herbert Smith Freehills partners John Whiteoak and Kevin Pullen explain how defined benefit pensions schemes influence corporate restructurings and consider the impact of the proposed new Pensions Bill. Read the full article here Find out about our Restructuring Services or read Dan’s bio. More

• 12 November 2019

  We speak at the DB journey planning summit

  We are delighted to be involved in the DB journey planning summit run by Pensions Age and Just, taking place on Friday 15 November. Senior Advisor, Francis Fernandes, along with Jane Roskill, Chair of Trustees, Quilter Cheviot Retirement Benefits Scheme, will present a case study at one of the sessions: Reflecting the employer covenant in […] More

• 6 November 2019

  We comment on Mothercare’s pension schemes for BBC News

  Dan Mindel gives comment to BBC News following the announcement from Mothercare about it’s proposed plans to move their UK pension schemes to its international business. Dan Mindel, MD at Lincoln Pensions, said: “Transferring its two employee pension schemes from the UK subsidiary to the group parent company, would certainly be a good outcome for […] More

• 18 October 2019

  We advise the Trustees of the Asda Group Pension Scheme on £3.8bn buy-in

  We are delighted to announce that we have successfully advised the Trustees of the Asda Group Pension Scheme, on its recent £3.8bn buy-in with Rothesay Life Plc. This will secure the benefits of over 13,000 members. The buy-in has been secured in anticipation of a full buy-out of the Scheme in the next 20 to 24 […] More

• 18 July 2019

  We’ve joined the Diversity Project to help make a positive change

  We are delighted to announce that we have become members of the Diversity Project, whose aim is to recruit, nurture and retain the first truly diverse generation of Savings and Investment professionals. The Diversity Project believes that recognisable and measurable progress can be achieved over a five-year time frame. They aim to achieve diversity across all […] More