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Durham University

Durham Law School

Staff profile

Mr Philip Bennett, Visiting Professor of Pensions Law

Member of the Durham Law School

Contact Mr Philip Bennett, Visiting Professor of Pensions Law

Biography

Philip Bennett joined Durham Law School as Visiting Professor of Pensions Law in September 2019. Prior to joining the Law School, Philip was a partner in the Pensions, Employment and Employee Benefits Group of Slaughter and May, a leading London law firm, for more than 30 years. He is a graduate of Durham University.

His experience included advising on some of the largest pension scheme mergers and restructurings, repayments of surplus and management of deficit issues (including benefit design changes and consultations with employees and their representatives over those changes). Philip is listed in the Pensions Section Hall of Fame of the Legal 500 United Kingdom, 2017.

Engagement, Publications and Research

Philip’s recent public engagements, publications and research activities and interests include:

● September 2020: Response to the Pensions Regulator’s Consultation Document “Defined benefit funding code of practice”- available here

● February- May 2020: Talks to the pensions practice groups of a number of law firms on the following topics:

> “Is it prudent for trustees to invest in long dated bonds in a rigged market?”

> “Are sex differentiated actuarial factors in UK occupational pension schemes lawful?”

> “Some ramifications of the ECJ decision in Bauer (19th December, 2019) on protecting DB benefits of employees of insolvent employers”

● January 2019: Provision of a detailed response to the Department for Work and Pensions Public Consultation on “Delivering Collective Defined Contribution Pension Schemes”

● January 2019: Trust Law International article “Must an occupational pension scheme take into account ESG factors, even if there is a risk of financial detriment to the pension fund ?”

● June 2018: response to the Department for Work and Pensions Consultation onbClarifying and Strengthening Trustees’ Investment Duties.

● March 2018: appearing as an expert witness before the House of Commons Work and Pensions Select Committee Consultation CDC Schemes, available here

● February 2018: expert evidence to the House of Commons Work and Pensions Select Committee Consultation CDC Schemes, available here

Teaching

Michaelmas Term Office Hours:Tuesdays 10 am -12 noon UK time via Zoom. Please email me for the Zoom link.

Epiphany Term Office Hours: TBC

Easter Term Office Hours: TBC