The final salary scheme recently doubled in size as a result of the merger of the former TGWU and Amicus union pension schemes and is run by a board of 14 trustees who decided to appoint Pinsent Masons following a competitive process.
The Pinsent Masons pension team has a strong track record in the sector, from advising the TGWU, Amicus, the National Union of Mineworkers and the Unity Trust Bank.
Howard Ridley, a Partner in the pension practice who led the Pinsent Masons team, said:
"We are delighted to be appointed to act for such a significant scheme. Our sector experience was a key factor in our appointment. In addition to advising the trustees on a full range of contentious and non-contentious pension issues, we can also provide them with specialist support on investment and property issues. We look forward to helping the trustees ensure that the scheme continues to be well run and meets the needs of its members."