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
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.
News & insights
Publications: 25 AUGUST 2021
Welcome to our quarterly pensions litigation briefing, designed to help pensions managers identify key risks in scheme administration, and trustees update their knowledge and understanding.Read more
Publications: 09 MARCH 2020
Trustee disclosure requirements on investment governance issues, stewardship and engagement continue to evolve rapidly; the new disclosure requirements that apply from 1 October 2020 will affect some…Read more
Publications: 10 DECEMBER 2019
The trustee boards of many schemes providing DC benefits must prepare an annual governance statement known as the Chair’s Statement. The Pensions Regulator has produced a substantial amount of…Read more
Publications: 01 OCTOBER 2019
1 October 2019 marked the deadline for UK pension schemes to take a step forward in detailing how they take environmental, social and governance issues into account in investment decision-making, and…Read more
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