Remuneration in the workplace is rarely straightforward and yet is high on the list of priorities of all concerned. A well-designed remuneration package is not just tax-efficient; it can motivate staff to achieve levels of performance that go far beyond the norm.
Our Pensions and Incentives team work closely with their employment, corporate, tax, regulatory and financial services colleagues to ensure you receive the most up-to-date advice provided in a way that is a clear, concise and easy to understand.
Thanks to our ageing population, pensions are a hot topic for UK businesses. For the first time ever, all UK employers will shortly be compelled to contribute to their workers’ pension savings under the “auto enrolment” requirement.
Our pensions lawyers advise employers, trustees, investment managers and other practitioners, ensuring that the correct arrangements for each individual or corporate situation are applied.
Our incentives lawyers advise clients on broad-based employee share schemes as well as short-term and long-term incentives. We also help introduce equity incentive arrangements, cash-settled bonuses and deferred incentives. We tailor our advice to ensure that any schemes we help to establish are best suited to our clients’ employee culture and are compatible with any share incentive arrangements that they already have in place.
For further information or to discuss a matter please telephone 020 3319 3700 or click here to email us.
We have experience in working with our clients to ensure that a pension scheme is properly closed to new members, future service accrual or completely wound up. The process of closing or winding up a scheme is a long process and we have the necessary expertise to advise on all aspects from ensuring the process is followed legally to giving notice, reviewing communications with employees, following the consultation process, through to preparing legal documents that give effect of the closure/ wind up and alerting the required authorities of the move.
Ben has advised on pensions and employee benefits for fifteen years. He has a broad range of experience in occupational and personal pension schemes, both domestic and international. Ben provides legal counsel on corporate transactions as well as the establishment, maintenance, restructuring, and insolvency of pension schemes.
David has specialised in the field of employee share ownership for almost 30 years and advises a diverse range of listed and private companies, both UK-based and international, on all aspects of employee share schemes.
Monica has advised on employee benefits for over 20 years, specialising particularly in pensions and share incentive arrangements.