Stephen Maynard

Gateley

Stephen provides advice to trustees and employers of occupational pension schemes on all aspects of pensions law and also advises businesses on the pensions aspects arising from corporate transactions and restructurings. His experience includes advising on the drafting and interpretation of scheme documentation, advising trustees and employers on their responsibilities when proposing changes to pension schemes, working on the pensions aspects of corporate transactions, advising on obligations under TUPE and in respect of automatic enrolment and transferring schemes to the Pension Protection Fund and the Financial Assistance Scheme. Stephen also manages a number of occupational pension schemes to which Gateley's independent trustee company acts as the corporate trustee and takes an active role in the management and governance of the trustee company and its schemes

Contributed to

1

Hybrid pension schemes

Practice notes

This Practice Note looks at the statutory definitions of hybrid schemes (also known as mixed benefit schemes), how benefits are provided in a hybrid pension scheme, how legislation applies to the two main categories of hybrid scheme (one with separate DB and money purchase sections, the other providing underpin or top-up benefits), how automatic enrolment applies to hybrid schemes, the effect of the Pension Schemes Act 2015 on hybrid schemes, and the Pensions Regulator’s guidance to trustees of hybrid pension schemes.

Pensions