Over the last decade, Andy has advised the trustees of some of the largest UK pension funds on a range of strategic and technical matters including risk reduction, scheme funding and regulatory compliance. An acknowledged industry expert, he is highly valued for his ability to translate technical pensions law into practical strategic advice for trustees and companies.
Andy has an easy-going, straightforward manner which is loved by clients. He delivers regular trustee and industry training and workshops. Recent training topics include the effect of EU law on UK pension schemes, the obligations on employers to communicate with pension scheme members and modern governance for trustees. Andy sits on the legislative committee of the Society of Pension Professionals. He supervises and organises work at Allen & Overy’s pro bono clinic at Battersea Law Centre.
Andy Cork is noted for his ability to "get across complex legal issues in a readily and easily digestible form," and sources add: "He has a good combination of sound technical knowledge and the ability to convey that to a lay audience." His practice includes advising clients on complex pensions issues and providing extensive workshops and training to trustees on their role. Chambers UK 2019
"Andy Cork is authoritative and very commercial, good at explaining complex aspects of pensions law." Legal 500 UK 2021
Other noteworthy experience includes advising:
- a number of the largest pension schemes in the UK on the full range of their technical and strategic issues.
- employers on how to manage their pension scheme liabilities, including closure to accrual, changes to benefits and other liability management.
- insurers writing large bulk annuity products for pension scheme trustees.
Allen & Overy LLP
One Bishops Square
Admitted as solicitor, England and Wales, 2007
BA (Hons), Law, Emmanuel College, Cambridge University, 2003
Publications: 25 April 2022
Advising the ICI Pension Fund on 14 tranches of “buy-in” insurance covering over GBP£9bn of liabilities.
Advising Cable & Wireless on the first £1bn “buy-in” insurance contract in the market.
Advising Emap on one of the quickest “all-risks” buy-out transfers achieved in the pensions market.
Andy regularly advises the trustees of large and well-known pension schemes. One impressed client says: "He is very knowledgeable about our plan, and really able to explain things in an easily understandable way."
Chambers UK 2018