"On the basis that I would be the first to complain if I felt we had not had a good service from Shoosmiths,I just wanted to let you know of the excellent support we have had from Paul Carney on a difficult pensions issue. Rapid understanding of the problem,the finding of a clear solution, clear communication with the other party (LPFA) and help with negotiations - all excellent.This was a very important issue for the University and it was handled very well by Paul. "
CLIENT: Paul Bowler, Deputy Chief Executive, London Metropolitan University
Paul is an experienced pensions lawyer who advises employers, trustees and public bodies on the legal aspects of all matters relating to pensions. He has a particular expertise in dealing with public sector pensions and has written nationally recognised practice notes in relation to dealing with, for instance, the Local Government Pension Scheme and the NHS Pension Scheme. Paul is experienced in drafting scheme-related documentation as well as providing ongoing advice on the day to day running of pension schemes and on questions of automatic enrolment.
Paul regularly provides support to both companies and trustees with the pensions aspects of corporate transactions.
Paul has a reputation for his ability clearly to explain (often) complex legal points. He does this in a way which helps clients to focus on their commercial issues (rather than getting bogged down in the technical, legal minutiae). Clients and colleagues find his approach is practical and user-friendly.
Paul’s recent work has involves:
- advised a (multi-national) employer in relation to the rationalisation of its pension provision. Phase 1 completed early in 2018 and involved the merger of three of its occupational pension schemes;
- advising a national company on the pensions aspects of its corporate re-structuring and, in particular, on the implications of that re-structuring on its obligation automatically to enrol employees into an appropriate pension scheme;
- advising the trustees of a North West based occupational pension scheme in relation to ongoing matters and, in particular in relation to a multi-layered parent company guarantee provided to that scheme by the scheme principal employer’s group;
- advising a well established higher education body in relation to its ongoing participation in the Teachers’ Pension Scheme, the Local Government Pension Scheme and the Universities’ Superannuation Scheme;
- advising a central Government department in relation to the establishment of a free-standing joint venture company which was then able to participate, in its own right, in the relevant public sector pension scheme;
- advising the trustees of an occupational pension scheme further to a challenge from the Pensions Regulator which questioned their approach in agreeing to a corporate restructuring some three years previously;
- reviewing historical occupational pension scheme documentation in the light of equalisation requirements and in the light of age discrimination legislation;
- advising the trustees of a number of UK pension schemes in relation to putting into place contingent assets and guarantees (including guarantees from non-UK guarantors) for the purposes of the PPF Levy.
Paul has had articles and practice notes published by the PLC magazine. He is a member of the Pensions Management Institute and the Association of Pension Lawyers (APL). Paul is a committee member of the North West APL.
Paul trained with Davies Arnold Cooper and went on to work at Davies Wallis Foyster. He then moved to Addleshaw Goddard LLP in 2003 before joining Shoosmiths in 2012.
B.A.(hon.s) 2.1 (English Literature and History) ( University of Wales )
M.Phil. (History and International Studies) ( University of Leeds )
Diploma in Portuguese ( Universidade de Lisboa )
CPE (Law) ( De Montfort University, Leicester )
LPC (Law) ( Manchester Metropolitan University )