Picture of Pete Coyne

Pete Coyne

Partner

CMS Cameron McKenna Nabarro Olswang LLP
Cannon Place
78 Cannon Street
London
EC4N 6AF
United Kingdom
Languages English

Pete Coyne is a partner in our Pensions practice and Co-Head of the Life, Pensions & Longevity Risk group.

Pete has wide experience in dealing with all kinds of pensions issues including on benefit restructurings, buy-ins and buy-outs, longevity swaps and transactions, investment matters and disputes. He acts for trustees, employers, product providers and benefit consultants across a whole range of pensions issues.

He is a member of the Association of Pension Lawyers’ Main Committee and is also a TPAS adviser. He is also a regular speaker at conferences and seminars and is described Chambers Guide to the Legal Profession as “a rising star in the department” and “an absolute delight to work with, a steady pair of hands and unflappable.”

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"a rising star in the department” and “an absolute delight to work with, a steady pair of hands and unflappable.

Chambers UK

Relevant experience

  • General Electric on the merger of 17 of its UK final salary pension schemes – one of the largest ever conducted in the UK.
  • Pension Insurance Corporation on bulk annuity transactions.
  • Clients on a number of longevity risk transactions and buy-in/buy-outs.
  • The only reported case on actuarial negligence which was successfully appealed to the Court of Appeal.
  • The trustees of one of the first schemes to enter a PPF assessment period.
  • Trustees on a high-profile and innovative asset backed funding structure involving intellectual property.
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Education

  • 1998 – MA (Hons) English, University of St Andrews, St Andrews
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Memberships

  • Member, The Association of Pension Lawyers
  • Member, The Association of Pension Lawyers Main Committee
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Feed

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27/05/2016
Risk Mat­ters: In­sur­ance Sec­tor Up­date (Spring 2016)
11/02/2019
“We’re com­ing for you”: new powers for The Pen­sions Reg­u­lat­or
The Gov­ern­ment has an­nounced an ex­tens­ive pack­age of meas­ures to strengthen the powers of The Pen­sions Reg­u­lat­or (TPR). TPR’s new powers may con­cen­trate the minds of busi­nesses with defined be­ne­fit schemes who are in­volved in cor­por­ate activ­ity.
17/02/2016
Life, pen­sions & longev­ity risk
05/02/2019
Trust­ee Know­ledge Up­date Feb­ru­ary 2019
Trust­ees of oc­cu­pa­tion­al pen­sion schemes have a stat­utory duty to en­sure that they have an ad­equate know­ledge and un­der­stand­ing of the leg­al is­sues rel­ev­ant to their scheme. They must also en­sure that they are up to date with rel­ev­ant changes in the law which,.
11/02/2015
CMS ad­vises on Ab­bey Life’s £2bn longev­ity in­sur­ance...
06/09/2018
PPF com­pens­a­tion re­gime in breach of EU law
The Court of Justice of the European Uni­on (CJEU) has ruled today that the Pen­sion Pro­tec­tion Fund re­gime does not sat­is­fy European law re­quire­ments. The judg­ment is likely to have a sig­ni­fic­ant im­pact on the PPF, and could have wider knock-on ef­fects for many.
03/11/2014
Trust­ee Know­ledge Up­date
Is­sue 29
05/07/2018
Back to ba­sics: what is the pur­pose of a pen­sion scheme?
In an im­port­ant de­cision on the scope of trust­ee powers un­der a pen­sion scheme, the ma­jor­ity of the Court of Ap­peal has today ruled that the trust­ees of BA’s Air­ways Pen­sion Scheme did not act for a prop­er pur­pose in amend­ing the Scheme rules to al­low dis­cre­tion­ary.
26/08/2014
CMS ad­vises on £900m longev­ity swap for Trust­ees of...
27/06/2018
Faster, high­er, stronger: new powers for TPR
The Gov­ern­ment has is­sued “A Stronger Pen­sions Reg­u­lat­or”, the first of its prom­ised con­sulta­tions on defined be­ne­fit pen­sions fol­low­ing the is­sue of its White Pa­per in March.   The con­sulta­tion pro­poses po­ten­tially sig­ni­fic­ant changes to the ex­ist­ing no­ti­fi­able.
16/06/2014
Life, pen­sions & longev­ity risk
30/05/2018
Box Clev­er: the Reg­u­lat­or breathes a sigh of re­lief
The Up­per Tribunal (Tax and Chan­cery) has handed down a land­mark de­cision in the ‘Box Clev­er’ case, ITV PLC v The Pen­sions Reg­u­lat­or [2018] UKUT 0164 (TCC). The judg­ment not only up­holds the Reg­u­lat­or’s is­sue of fin­an­cial sup­port dir­ec­tions in the present case,.