Pensions x 2 - leading team

Noble Legal Limited; City Of London; On-site; GBP 75,000 - 110,000; Full time

Job summary

Noble Legal Limited is expanding its pensions advisory team in London, recruiting 2–3 associates at 1–3pqe and 4–8pqe levels. The team advises trustee boards, employers, charities, institutions and overseas bodies on pensions obligations.

The role suits those with an interest in advisory pensions work, private client-oriented matters, and a collaborative, practical approach. Based in a single London office, the team values clear, commercial advice and early client involvement.

Qualifications

• Pensions advisory experience or interest
• Advisory-focused pensions work

Responsibilities

• Provide pensions advisory services to trustees, employers and individuals as part of the Pensions Advisory Practice.

Job description

This Team will offer you a place where you can be yourself and where there are no limits on what you can achieve. With them, you can take ownership of your career and have honest conversations throughout. You will join an ambitious firm with a clear strategy for profitable growth where you can get early responsibility and early involvement in growing the business. Here you can expect a competitive and fair reward as well as recognition based on all round performance. This forms part of their internal promise to you, The Deal, between the firm and its employees.

They are looking to recruit 2 (possibly 3) associates (1-3pqe and 4-8pqe) into the growing and ambitious Pensions Advisory Practise. Their team of experts have helped trustee boards, employers, charities, institutions and public bodies to meet their pensions obligations.

By drawing together a large group of specialists each with a wide range of experience, they can develop individual solutions to their clients' pensions issues. They are based in one location so that they can work together to develop solutions to complex problems.

Whilst they are often involved in cutting-edge pensions law, they are also known for their practical, commercial and plain advice on the day-to-day pension issues. They don't over-complicate the complicated.

Their pensions team also provides pensions advice to individuals and advice to employers and trustees operating overseas pension arrangements. The ideal candidate will have an interest in such matters and a willingness to develop the knowledge and skills to provide advice of this nature. The role would especially suit someone who enjoys the advisory side of pensions and who has an interest in private client type work.

Some examples of advice recently:

• Advising an individual with Fixed Protection 2012 on how the Budget 2023 changes to the Lifetime Allowance affect him and his entitlement to a tax-free lump sum.
• Advising a Belgian resident on the tax implications of gifting benefits from a UK pension scheme to his UK-resident, Belgian-resident and US-resident children. Considering the differences between gifting during his lifetime or on his death.
• Advising a Portuguese-resident who is terminally ill on his UK pension benefits and on steps they can take to ensure his young family is provided for on his death.
• Advising a UK resident on the taxation of a transfer of pension benefits from a Bermudan pension scheme to a Maltese pension scheme, and on whether "foreign service relief" from income tax will be available on a distribution from the Maltese scheme.
• Advising the trustees of a Jersey-based pension scheme on how a lump sum withdrawal from the scheme (which has previously benefitted from UK tax relief) should be taxed.

This role offers the opportunity to develop an expertise that is unusual and highly sought after alongside providing top-end occupational pensions advice to employers and trustees. The pensions team and private wealth teams are ambitious and growing, making it an exciting time to join the EPP group.

Highly ranked in the Legal 500, with a Tier 1 contentious pensions team, they are experts in setting up, reconstructing and closing all manner of pension schemes.

The clients we represent and Noble Legal are open and inclusive employers, who seek to understand, encourage and celebrate diversity, making them a place where a sense of belonging is fostered.