Macfarlanes is a pre-eminent law firm advising a global client base across Private Capital, Private Wealth, M&A and Disputes.
We are large enough to handle the most complex and demanding mandates yet focused enough to remain agile and responsive. Our size enables us to know each other well, collaborate seamlessly and adapt quickly to our clients’ evolving needs.
Our independence shapes the way we work. We foster genuine partnership, encourage individual responsibility and empower our people to think creatively in pursuit of practical, effective solutions.
Macfarlanes has advised European retailer Fnac Darty in relation to the £330m buy-in of the Comet Pension Scheme with insurance company Canada Life UK.
United Kingdom
Macfarlanes has advised European retailer Fnac Darty in
relation to the £330m buy-in of the Comet Pension Scheme with
insurance company Canada Life UK.
The transaction secures the long-term benefits of all c.4,500
pension scheme members by transferring the financial risk
associated with future pension payments to a highly rated insurer.
It represents a major de-risking milestone for Fnac Darty,
providing greater cost certainty and strengthening the long-term
financial position of the business.
The Macfarlanes team was led by Pensions Partner Faye Jarvis
alongside Senior Counsel Paul Lawrence.
Contributor
Macfarlanes is a pre-eminent law firm advising a global client base across Private Capital, Private Wealth, M&A and Disputes.
We are large enough to handle the most complex and demanding mandates yet focused enough to remain agile and responsive. Our size enables us to know each other well, collaborate seamlessly and adapt quickly to our clients’ evolving needs.
Our independence shapes the way we work. We foster genuine partnership, encourage individual responsibility and empower our people to think creatively in pursuit of practical, effective solutions.
