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Paul Newman QC

Call: 1991    QC: 2009

+44 (0)20 7306

Professional Liability

Paul has extensive experience of acting for and against professionals in claims concerning the failure to equalise the retirement ages of pension scheme members, relating to schemes operated by companies such as Group 4, Harland & Wolff, MFI, Fujitsu, Life Sciences International, IMG, Hewlett Packard, BNP Paribas, Allders, Siemens and Sopra Steria. Paul has been consistently recommended as a leading silk in Chambers & Partners and is best known for his wealth of experience in handling professional negligence claims relating to pension schemes and other financial services.

Chamber & Partners, 2018 described him as “Technically able and very robust in court. He fights his corner with great vigour.” “He is great with clients and has lots of gravitas.” he
is “an accomplished adviser on allegations of professional negligence”, “very committed as an advocate, very confident and energetic” and “an absolutely outstanding advocate,
who fights with a passion which seems to be lacking in many others.” In the 2016 edition of Chambers and Partners, he was described as “a dynamic and well-respected silk”, “a
passionate and tenacious advocate with terrific experience,” and “robust, authoritative and commercial – someone you see consistently in leading cases.” He is also consistently
recommended as a leading silk in The Legal 500 for Professional Negligence, the latest edition describing him as having “considerable strategic and tactical insight.

Recent/notable cases include:

  • Acting for a firm of consulting actuaries defending a claim for several million pounds from an employer following the failed conversion of a final salary scheme to a money purchase arrangement, which resulted in a very favourable settlement for the firm.
  • Acting for the trustees of a scheme against benefits consultants over the failure properly to implement proposed pension increases, resulting in a settlement worth several millions of pounds to the scheme.
  • Acting for the trustees of the Royal Doulton Pension Scheme in a claim for negligence against the scheme actuaries relating to anti-franking legislation.
  • Acting for trustees of settlements in negligence proceedings arising out of a failed attempt to secure Beddoe directions for proceedings against former trustees.
  • Acting for a policyholder in a £1m dispute with the Prudential Plc, concerning the validity of a deferred annuity contract taken out when the policyholder earned no UK-taxable income.
  • Acting for a firm of insurance brokers in a £6m dispute with the actuary of its pension scheme, relating to his mis-calculation of the scheme’s FRS 17 liabilities.
  • Acting for Stagecoach Group in a dispute with a firm of solicitors regarding advice given on the pension scheme liabilities of a target company.