Stephen Scholefield
Partner, Head of Pensions & Long-Term Savings
Stephen leads our pensions team, advising trustees, corporate clients and pension providers on strategic and day to day legal and governance issues and the management of pensions risk.
Stephen's experience
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Advising the Trustee of the Thomas Cook UK DC Pension Scheme about the transfer of benefits to a master trust and the winding up of the scheme following the insolvency of Thomas Cook.
- United Kingdom
- Financial Services
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Advised the Trustee of the Newell Rubbermaid UK Pension Scheme on securing benefits with two bulk purchase annuity insurers and a DC master trust and the orderly winding up of the scheme.
- United Kingdom
- Technology, Science & Industry
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Advised the trustee of the Scapa Group Limited Pension Scheme pension on a bulk purchase annuity transaction with a life insurer.
- United Kingdom
- Financial Services
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Advised the Trustee of the West Bromwich Building Society Staff Retirement Scheme on buying out the scheme’s benefits with two insurers and winding up the scheme.
- United Kingdom
- Financial Services
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Advised a pensions scheme in the pub and beverage sector on the early stages of a potential rectification application, working closely with a Magic Circle firm to leverage our strong market reputation.
- United Kingdom
- Financial Services
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Advised the trustees of a pension scheme in negotiating a debt compromise and ‘PPF plus’ buy out with the scheme’s sponsor.
- United Kingdom
- Financial Services
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Advised the independent trustee of the Hugh Mackay and Jerome pension schemes following emergency appointments by The Pensions Regulator.
- United Kingdom
- Financial Services
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Advised the trustees of a £4 billion pension scheme on a group reorganisation, asset backed funding arrangement and on liability management exercises.
- United Kingdom
- Financial Services
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Advised a US parent about managing its UK subsidiary’s pension liabilities and on the ultimate sale of the UK business to the pension scheme.
- United Kingdom
- Financial Services
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Advised the representative beneficiary in the Bridge Trustees litigation about the meaning of a ‘money purchase’ benefit, which was ultimately decided by the Supreme Court.
- United Kingdom
- Financial Services
Credentials
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2002Joined Pinsent Masons
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1997Addleshaw Goddard - Solicitor
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1996Qualified - England and Wales
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1994Slater Heelis - Solicitor
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1993University of Cambridge – MA
Out-Law / Insight by Stephen Scholefield
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