Rachel's recent experience includes advising:

• The trustees of a £500 million pension scheme on the implications of the sale of their sponsoring employer to private equity, and negotiating a significant funding deal for the scheme as part of this process
• A large construction group on the pensions implications of a significant divestment of certain divisions of their business, which involved negotiating debt management strategies with both the trustees of the group's defined benefit (DB) scheme and the trustees of an industry-wide DB scheme, and putting a pensions bond in place
• An unincorporated association which participated in a DB master trust on the pensions implications of converting to a charitable incorporated organisation
• A global corporate on the circa £250 million insurance buy out and subsequent wind up of the DB pension scheme
• The principal employer and trustees of a large DB scheme in relation to an application under section 48 of the Administration of Justice Act 1985 to enable an error in their scheme rules to be construed in a manner which avoided a £30 million increase in scheme liabilities, and advising on the associated negligence claim against their former legal advisers
• The trustees of a multibillion-pound pension scheme in connection with a potential claim against a former investment manager
• A SIPP and small self-administered scheme administrator on a complex relief-at-source dispute with HMRC
• A FTSE 100 corporate on a major pensions project involving the closure of three DB schemes and a potential buy-out transaction of eight DB schemes with insurers

• The Association of Pension Lawyers (as part of this Rachel sits on the North-East Association of Pension Lawyers committee)