Over the last fifteen years, Andy has advised the trustees of some of the largest UK pension funds on strategic and technical matters including risk reduction, scheme funding and regulatory compliance.

He is highly valued for his ability to translate technical pensions law into practical strategic advice for both 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 ongoing 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 the firm’s work with the Afghan Pro Bono Initiative and with a UK asylum support charity.

Expertise

Experience

Representative matters

  • A large defence and technology company on the GBP2.7bn insurance buy-in of their UK pension liabilities.
  • The trustee of a multi-billion pound scheme on multiple tranches of buy-in insurance covering over GBP9bn of UK pension liabilities, completed under the first umbrella buy-in contracts established in the market.
  • A large telecommunications company on the very first GBP1bn buy-in insurance contract in the UK market.
  • A publishing company on one of the quickest “all-risks” buy-out transfers achieved in the UK pensions market.

Pro bono

  • Advising on the pensions aspects of the merger of four Welsh mental health and substance misuse charities and the creation of a new charity, Adferiad Recovery.
  • Partner responsible for the firm’s participation in the Afghan Pro Bono Initiative.
  • Partner responsible for the firm’s ongoing pro bono support for a UK asylum support charity.

Speaking Engagements

  • Speaker on EU law at the Association of Pension Lawyers' Introductory Course

Recognition

Andy Cork is extremely knowledgeable, with excellent interpersonal skills that allow him to clearly and articulately share his knowledge
Chambers UK, 2024
He has an excellent blend of technical expertise and commercial awareness
Chambers UK, 2024

Qualifications

Admissions

England and Wales, 2007 

Academic

MA (Hons), Law, Emmanuel College, Cambridge University, 2003

Languages

English
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.