Philip Goodchild

Head of pensions advisory

A recognised pension law expert and qualified CEDR (Centre for Effective Dispute Resolution) Mediator, Philip is well known for his work for pension schemes and employers across a range of sectors. He advises trustees and employers on all manner of pension law issues.

While Philip's main experience is in advising trustees of pension funds he also co-heads the pensions disputes resolution team and so is able to advise on all contentious as well as non-contentious matters, taking leading pensions law cases through the High Court and the Court of Appeal and on to the Supreme Court.

His technical skills and knowledge of general pension issues is of an extremely high level allowing him to provide clients with proportionate, practical commercial advice regarding their pension arrangements.

Philip is a member of the Association of Pension Lawyers and a regular commentator on legal issues affecting pension provision in the press and industry publications. He has sat on the legislation sub-committee of the Society of Pension Consultants and is a founder member of the Pension Lawyers Support Group. He regularly speaks at seminars and workshops on topical legal issues.

Recent experience includes: 

  • Advising Trustees of the Barnardo's Staff Pension Scheme on deeds relating to the closure to benefit accruals of that fund and future benefit provision and advising the trustees on the case before the Supreme Court in relation to RPI/CPI pension increases discretion.
  • Advising the Covea insurance company UK pension fund / Horizon Social Housing on various projects to reduce liabilities and to rewrite the trust deed and rules and to assist with a project to coordinate professional adviser support across 3 group pension funds. Advising on a closure to accruals of benefit.  Philip redrafted the trust deed of the Horizon plan.
  • Providing strategic advice to the trustees of Paramount Pictures/UCI pension fund on scheme funding negotiations and advising on the implementation of several Flexible Apportionment Arrangements to deal with Section 75 debts arising under the Scheme as a result of employee movement around the group.

A good knowledge of the area of law and knows our scheme details well.

Chambers UK 2019
Insights

Has the scope for ESG investments by pension schemes widened?

A recent case (Butler-Sloss and others v Charity Commission for England and Wales) has been handed down where the court has permitted the trustees of two charities to adopt an ESG-based investment strategy. This is notwithstanding that the trustees acknowledged that the investment strategy would provide a lower rate of return in the short-term when compared with other, less restrictive, investment strategies.