Paul Williams

Paul Williams

Associate
Baker & McKenzie
Solicitor admitted in England & Wales

Biography

Paul is a UK-qualified associate director in the Employment & Compensation practice who specializes in pensions law in the UK and South Africa. He also has experience in advising on pensions law in other sub-Saharan African jurisdictions. Paul is a former president of the Pension Lawyers Association of South Africa and a former member of the Legal & Technical Committee of the Institute of Retirement Funds Africa. He is currently assisting the Pension Policy Institute with a research series into climate change and ESG investing.

Practice Focus

Paul advises pension fund trustees and employers on their pension obligations in the UK and South Africa. His practice involves:

  • day-to-day advisory work, drafting of fund rules and other pensions related documentation and contract review
  • pensions-related project work, such as outsourcings of pensioner liabilities and transfers from stand-alone funds to umbrella or master trust arrangements
  • corporate transactions and reorganizations, including post-sale integration of benefit arrangements in multijurisdictional deals

Representative Legal Matters

  • Assisting a UK financial services provider with the establishment of a multi-employer defined benefit pension plan, including advising on the legal issues and drafting the plan rules and other related documentation.
  • Drafting replacement rules for the provident fund of the South African business of a multinational corporation.
  • Advising a US-based employer on the closure of its UK defined benefit plan to future accrual of benefits.
  • Advising a South African-based pension fund on the transfer of pensioner liabilities to a long-term insurer, including the negotiation of the policy documentation.
  • Advising a UK-based client on the pensions and benefits aspects of the integration of its business with that of a joint venture partner and on the pension and benefits aspects of the separation of one of its core businesses prior to a demerger.
  • Advising a Japanese-based client on the pensions aspects of a substantial multijurisdictional joint venture in which it took a majority stake, including negotiation of documentation and assisting the client with the post-sale integration steps.

Professional Associations and Memberships

  • Pension Lawyers Association of South Africa
  • Association of Pension Lawyers (UK)
  • Institute of Retirement Funds Africa

Admissions

  • England & Wales~United Kingdom (1999)

Education

  • University of Warwick (LLB) (1995)
  • University of Bordeaux (Certificat en Droit Français) (1994)