Louise Edwards
Prior to qualifying as a solicitor, Louise worked in the pensions industry for a number of years in the areas of administration, consultancy and independent trusteeship. She now advises trustees and sponsoring employers of occupational pension schemes on all aspects of pensions law. She has particular experience in advising trustees regarding Pension Protection Fund entry (including the operation of the assessment period), buy-ins and buy-outs and the winding up of pension schemes.
Louise is also involved in the day to day management of the trusteeships held by our pensions trustee company, Wrigleys Pensions Trustees Limited.
Recent experience includes:- Advising on buy-ins for schemes with insolvent employers but which were funded in excess of PPF compensation levels.
- Facilitating early exits from PPF assessment periods.
- A scheme transfer to the PPF following a successful reapplication process.
- Advising on the full buy out of scheme liabilities for schemes with solvent employers and on the subsequent scheme wind ups.
Practice Area
Panel
- Contributing Author
Qualified Year
- 2009
Membership
- Fellow of the Pensions Management Institute (2012)
- Corporate membership of the National Association of Pension Funds (NE Region)
- Full member of the Association of Pension Lawyers
1 Contributions by Louise Edwards
PRACTICE NOTES
Winding up UK trust-based DC occupational pension schemes: classification, triggers, expenses, data cleansing, securing benefits, disclosures, trustee protections and completion
This Practice Note sets out the principal steps for properly bringing to an end a defined contribution (DC) occupational pension scheme—also described as a money purchase occupational pension arrangement or a trust-based defined contribution plan. Throughout this Practice Note, this type of arrangement is termed a ‘DC scheme’.
The guidance applies across a range of DC schemes, including trusts that sit outside the authorised master trust framework and small self-administered pension schemes (SSASs), although the latter may, in certain cases, be excluded from particular statutory obligations or requirements.
This Practice Note does not cover the winding-up of any:
an ‘authorised master trust’ under the Pension Schemes Act 2017 (PSA 2017)—for further detailed information, please see Practice Note: The authorisation and supervisory regime for master trusts,
contract-based DC arrangements (eg group personal pension arrangements)—for further details and guidance, see Practice Note: Winding up of personal pension schemes
Statute makes distinct and specific provision for hybrid schemes (combining defined benefit (DB) and DC rights), and these should accordingly be treated as being beyond the ambit of this Practice Note, also together with DC schemes that were contracted-out using the reference scheme test (until 6 April 2016) and those with a...
Pensions
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