January is a time to look back over the successes of the previous year and to look forward to the challenges in the next 12 months.
Our annual Pensions in … Insight anticipates pension developments in 2024 and asks ‘are you ready for the new normal’?
Gowling WLG’s pensions team then looks back over a busy, challenging and successful 2023 in a series of overviews from across the team and in each of our four key areas of focus.
Pensions in 2024 – are you ready for the new normal?
2024 promises to be another busy one in pensions, with new legislation, regulatory guidance, policy developments and record-breaking risk transfer deals. This overview highlights the key developments that will dominate trustee, employer and pensions industry agendas. Also, you can download this Insight as a PDF and download our Pensions in 2024 Calendar with key dates for your diary.
Highlights from across the pensions team in 2023
Gowling WLG’s award winning pensions team completed 2023 on a high with two multi-billion pensions risk transfer transactions completing in December. In a changing and busy pensions market, Gowling WLG’s pensions team delivered practical and commercially-focused solutions for its growing client base.
Scheme Advisory team in 2023
2023 has been another fantastic year for our trustee-focused pensions scheme advisory practice. The year brought with it some exciting projects as well as plenty of regulatory matters for our clients to get to grips with. Our practice has been strengthened by internal promotions, lateral hires and new client wins. We will continue to invest in our team throughout the coming year.
Sponsor Advisory team in 2023
Our sponsor / employer advisory practice is led by Partner, Paul Carberry and the majority of our 40+ pensions lawyers advise both employers and trustees. Our extensive employer client base covers a range of sectors including tech, manufacturing, regulated industries, retail, not for profit and government bodies.
Pensions Risk Transfer team in 2023
Gowling WLG’s award winning Pensions Risk Transfer team completed 2023 on a high with two multi-billion pensions risk transfer transactions completing in December. In a changing and busy market, Gowling WLG’s Pensions Risk Transfer team delivered practical and commercially-focused solutions for its growing client base throughout 2023.
Pensions Disputes team in 2023
Our specialist Pensions Disputes team focus on resolving issues and problems that trustees and employers might encounter during the life of their pension schemes. The team is led by Ian Gordon, recognised as a “Leading Individual” and ranked “Band 1” for pensions disputes and the Chair of the Litigation Committee of the Association of Pension Lawyers.
About the author(s)
Ian is a London-based professional support lawyer (PSL) legal director. Ian is a member of our pensions and combined human resource solutions (CHRS) teams. He works with clients to solve their employment and pensions law issues. Ian maintains a particular focus on 'crossover' issues that benefit from his understanding of both areas of law.
Based in Gowling WLGs Birmingham office, Liz Gane has been advising clients based in the UK, Europe, USA and Asia on all aspects of UK pensions law for over 15 years.