Tom McNaughton
Tom is a Partner in the London office's Pensions Practice Group.
Tom advises both pension scheme trustees and their sponsoring employers in various industries, with particular experience in relation to industry-wide schemes. He covers a variety of areas including advising in relation to pension scheme mergers, de-risking exercises, corporate transactions and re-organisations, scheme benefit redesigns and restructurings (including closures to accrual and other liability management exercises). He also advises on a number of contentious matters as part of the Pensions Department's pensions disputes practice.
Representative clients
Significant clients which Tom advises include the Trustee of the Merchant Navy Officers Pension Fund, a large industry-wide scheme.
Recent maters on which Tom has advised include:
- Advising the Trustee of the Merchant Navy Officers Pension Fund on various de-risking and insurance transactions as part of its strategic journey planning.
- Acting in relation to litigation regarding potential changes to the inflation linking of defined benefit pension obligations.
- Supporting a global technology firm on a strategic pensions consolidation exercise involving a one-time contribution of employer group shares through a bespoke funding vehicle.