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Pensions and Restructuring Lawyers Event 2021

We brought together a group of around 200 leading pension and restructuring lawyers from around the UK to discuss key issues in the sector. This was the 6th time we brought together a group of lawyers since 2007.

As at our previous events we surveyed the lawyers on a number of topics. The 2021 results show a significant shift in views given the new Pension Schemes Act 2021 and the focus on longer term issues like ESG. Please see the full survey.

The event itself was recorded. Please see below for a summary of each section and the recording.

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8:11

Introduction

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An introduction to our 6th Pensions and Restructuring Lawyers Event with Jonathon Land, Mark Jennings and Dhrupti Shah. Jonathon, Mark and Dhrupti reflect on the previous year, the changes going forward in the UK pensions and restructuring landscape and upcoming pensions regulatory changes in the Pension Schemes Act 2021 and the new Defined Benefit Funding Code.

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15:14

Macroeconomic Overview

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Lord Gavin Barwell was formerly the Number 10 Downing Street Chief of Staff and joined PwC last year as an advisor. He gives his view on the political environment, the current COVID-19 situation in the UK & Globally and what the future looks like for the UK economy.

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15:28

Restructuring Market update

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Mike Jervis and Jane Steer provide an update on the changes in restructuring and insolvency legislation and discuss if the debt in UK companies built up over the pandemic will be able to be repaid.

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30:22

Pension Schemes Act 2021 Panel session

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Atul del Tasso-Dhupelia hosts a panel debate on the Pension Schemes Act and whether this will be damaging to the UK's rescue culture. Atul is joined by a diverse panel for their views on this featuring:

  • Michael Tennet Q.C., Wilberforce Chambers;
  • Erica Carroll, Director of Enforcement at the Pensions Regulator;
  • David McCall, Senior Director, Complex and International Restructuring, NatWest; and
  • Dhrupti Shah, a recent PwC secondee to the Pensions Regulator.

Contact us

Jonathon Land

Jonathon Land

Head of Pensions and Insurance, Business Restructuring Services, PwC United Kingdom

Tel: +44 (0)7879 411796

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