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Tim Matthewson

Call: 2014   

+44 (0)20 7306 0102tmatthewson@wilberforce.co.uk

Pensions

Tim has extensive experience of pensions litigation. He has particular experience of rectification claims and of regulatory action brought by the Pensions Regulator.

His recent work includes:

  • Appearing for the principal employer in Univar UK Ltd v Smith [2020] EWHC 1596 in a claim to rectify a pension scheme definitive deed and rules, which erroneously required increases to pensions in payment and revaluation of pensions in deferment to be calculated by reference to the Retail Prices Index.
  • Appearing in KeyMed (Medical & Industrial Equipment) Limited v Hillman [2019] EWHC 485 (Ch), a £50 million claim for breach of directors’ duties relating to the administration of a pension scheme.
  • Appearing for the trustee in Granada UK Rental and Retail Ltd v Pensions Regulator [2018] UKUT 164 (TCC), the first reference to the Upper Tribunal of a determination to issue a financial support direction.
  • Instructed by a target company in regulatory proceedings for a contribution notice and financial support direction.
  • Instructed in ongoing rectification proceedings.
  • Acting in disciplinary proceedings brought against an actuary by the Institute and Faculty of Actuaries.
  • Acting in a US$38 million breach of trust claim relating to investments in self-invested personal pensions.
  • Advising in relation to escalating penalty notices under the Pensions Act 2008.
  • Acting in relation to a claim for an exit credit of £6.5 million under the Local Government Pension Scheme Regulations.
  • Advising about the application of guaranteed annuity rates to personal pension policies.