05 Jan 2015 | 04:01 pm |
International law firm Pinsent Masons is celebrating a major win following its appointment as sole legal advisers to the £800 million Unite Pension Scheme for staff and officers of Unite the Union, the largest trade union in the UK and Ireland.
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."
Multinational law firm Pinsent Masons has hired Gillian Harrington to join the firm’s Aberdeen office as employment partner from 6 May.
Multinational law firm Pinsent Masons has hired corporate partner, Rachel Soundy, to join the firm’s Birmingham office.
Multinational law firm, Pinsent Masons LLP, has advised IGCF VI Euro, L.P. a sub-fund of Balbec Capital LP, a global alternative investment manager headquartered in the United States on its first European public securitisation in relation to the issuance of notes totalling EUR 392 million backed by a portfolio of reperforming Spanish mortgage loans, arranged by Goldman Sachs.
Multinational law firm Pinsent Masons has appointed pensions partner Amie Bain into its Glasgow office.
Multinational law firm Pinsent Masons has hired pensions partner Andy Wright into its Leeds office, taking the size of its pension team to 64.
Pinsent Masons advises PIC on £132m buy-in of Tomkins 2008 pension scheme retirement benefits plan.
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