Employment, pensions and incentives
  • Related Services
  • Related Sectors
  • Related Locations
  • Awards

Employment, pensions and incentives

Our employment, pensions and incentives group is a multidisciplinary team, able to advise on both litigation and advisory matters. For over 30 years we have provided a "full service" legal and support function to our clients.
  • Profile
  • Experience
  • Key contacts

Known for our clear and commercial advice that reflects market practice, we have a wealth of experience and are valued for our sensible approach.

Employment

We design and roll out HR policies, review executive pay, co-ordinate employment cost-cutting exercises and advise on contentious employment issues.

Pensions

We advise both pension scheme trustees and sponsors on legal issues they face when operating a pension scheme and provide not only standalone advisory, pensions-related dispute resolution and corporate transactional support.

Employee incentives

Our team are experts at designing bespoke remuneration structures to suit clients' specific objectives.

With over 40 lawyers covering key jurisdictions in Europe, Middle East and Asia, we’re perfectly placed to offer an integrated cross-border approach to employment, pensions and employee incentives.

The team provides a 'combination of insightful, informed analysis and a commercial focus of efficient solutions'. 
Chambers UK 2018

Employment

LIBOR and FX Spot Manipulation allegations 

Advised financial institutions and high net worth individuals involved in LIBOR and FX Spot Manipulation allegations on complex issues of legal privilege, whistleblowing and employee incentives, including successfully litigating on these issues.

Long standing international banking client

Advised on the drafting of a complex remuneration package for a senior hire (including shares, deferred performance bonds, cash bonus buy-out payments and first year guarantees).  As a Level 1 PRA-regulated firm the package had to comply with the bank's regulatory obligations including forfeiture and claw back. 

Lachlan Forbes v Parker Drilling Inc. & ITS Ltd

Successfully defended a claim for unfair dismissal and breach of contract which involved complex jurisdictional questions (Cyprus, Scotland, England).


Pensions

Trustees of the Barnardo Staff Pension Scheme, Construction of RPI

Advised the trustees on a claim for construction of the definition of "Retail Prices Index" in the scheme rules (Miles Buckinghamshire and others v Barnardo's and others [2015]).

Board of the Pension Protection Fund ("PPF"), Dispute on Compensation

Represented the PPF in an ongoing dispute, effectively seeking to challenge the scope of PPF compensation (Grenville Holden Hampshire v The Board of the Pension Protection Fund [2014]).

Pension fund claim against global fund manager

Advised the trustee board of a multi-billion pound pension fund in relation to a multi-million pound claim against one of the world's largest fund managers for negligence and breach of investment mandate.

Impact of company sale on pension

Advised the trustee of a multi-national healthcare company on the potential debt arising in relation to its pension plan as a result of a sale and the management/reduction of that debt.


Employee incentives

incadea plc

Advised on the first maturity of awards granted under a long term incentive plan and in relation to the impact of a takeover offer on outstanding awards. 

Financial services  

Advised a number of banks on the technical and practical implications of claw back, in particular in the context of new hires who are seeking to have their existing entitlements "bought out". 

Estate agent 

Advised a well-known family owned estate agent on the introduction of a bespoke share plan to incentivise key employees, with a tailored exit strategy to enable award holders to realise value. 
Lawyer

Mark Catchpole Partner

T:  +44 20 7809 2059
M:  +44 7767 624 975 Email Mark | Vcard Office:  London

Lawyer

Jezamine Fewins Partner

T:  +852 2533 2877
M:  +852 6083 5525 Email Jezamine | Vcard Office:  Hong Kong

Lawyer

Terence Seah Partner

T:  +65 6602 6605
M:  Email Terence | Vcard Office:  Singapore

Latest news & insights

26 May 2020

From Insights

Employers can compel employees to take annual leave during furlough

With the furlough scheme now being open to employers until 31 October 2020, employees could be due as much as eight months’ worth of holiday upon their return to work ..

More

20 May 2020

From Insights

Salary and bonus waivers: tax pitfalls and practical issues for the unwary

This briefing considers the voluntary waiver of salary and bonus payments by directors and employees and summarises some of the potential tax pitfalls and practical is..

More

18 May 2020

From Insights

How to practise safe working in labs and research facilities

To help these employers meet their legal and moral responsibility to protect employees from risk to their health and safety, we have distilled the Government's guidanc..

More

12 May 2020

From Insights

Looking ahead: Return to work checklist

Following the Government’s announcement this weekend that the country will begin to see an easing of lockdown, and that some employees may return to work, employers wi..

More

06 May 2020

From Insights

Pensions snapshot - May 2020

This edition of snapshot looks at the latest legal developments in pensions.

More

30 Apr 2020

From Insights

Landmark Supreme Court decision on pension scheme trustee ESG investing

Case: R (on the application of Palestine Solidarity Campaign Limited and another) v Secretary of State for Housing, Communities and Local Government - Supreme Court

More

28 Apr 2020

From Insights

New Regulations governing Statutory Maternity Pay and other statutory parental payments for furloughed employees

A new Statutory Instrument came into effect on 25 April 2020, which deals with the calculation of an employee's “average weekly earnings” for the purposes of statutory..

More

24 Apr 2020

From Insights

DIFC Directive: Emergency employment measures announced in response to COVID-19

The DIFC has issued a new Presidential Directive, effective from 21 April 2020 to 31 July 2020 (subject to any subsequent extension, the “Emergency Period”) implementi..

More

21 Apr 2020

From Insights

Some clarity on holiday pay and Statutory Sick Pay and the Coronavirus Job Retention Scheme (CJRS) goes live

The latest clarifications and updates on the Coronavirus Job Retention Scheme

More

17 Apr 2020

From Insights

The Chancellor issues Treasury Direction and updates on the Coronavirus Job Retention Scheme

On 15 April 2020, the Government updated the Coronavirus Job Retention Scheme (CJRS) guidance, shortly followed by a Direction from the Treasury to HMRS (the Direction..

More

17 Apr 2020

From Insights

COVID-19 – Next steps for employers

April 2020 marks a new phase for employers in Hong Kong. Due to the Coronavirus outbreak a large number of employers have over the last few months put steps in place s..

More

09 Apr 2020

From Insights

Pensions snapshot - April 2020

This edition of snapshot looks at the latest legal developments in pensions.

More

08 Apr 2020

From Insights

COVID-19 – A taste of the tricky issues facing employers

The Government’s updated guidance on the Coronavirus Job Retention Scheme (“CJRS”) only goes so far.

More

07 Apr 2020

From Insights

Coronavirus Job Retention Scheme (CJRS) – 4 April 2020 updates

The government on 4 April 2020, published further guidance on the Coronavirus Job Retention Scheme.

More

01 Apr 2020

From Insights

COVID-19: Latest employment and pensions measures deployed by UAE Government

As the worldwide employment landscape rapidly develops in the wake of the COVID-19 pandemic, the UAE Government has announced a raft of measures designed to provide fl..

More

31 Mar 2020

From Insights

Self Employed Income Support Scheme (SEISS)

An unprecedented level of government support for the self-employed has been announced, but there is a catch…

More

print-footer
logo
© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.