Claire joined OC in 2019. She is a partner specialising in pensions law and regulation, advising trustees and employers of occupational pension schemes.
Claire specialises in non-contentious pensions law and regulation and her practice covers both defined contribution and defined benefit pension schemes. She has particular specialism in employment related pension matters (including equalisation, changes to benefits and auto-enrolment) and extensive experience of advising on governance issues and drafting scheme governing deeds, documents and member communications. Her recent work has included aOC Queen Street partners with She Loves Datadvising on major projects to correct errors in pension scheme rules and mitigate the impact on the schemes.
Helping you succeed in tomorrow's world
Regulation is constantly expanding and changing in response to market developments and political appetite. I work closely with clients to ensure that they are prepared for these changes, whether that be the new powers available to the Pensions Regulator, or new requirements on trustees and employers relating to employee pension rights, ESG and digitalisation (Pensions Dashboard).
Retirement may seem a long way off, but well-funded and well-managed pension schemes provide a vital lifeline to older generations. My work helps ensure that these pensions are paid, and that members and employees receive what they are due. Age is also important to the Future of Work – pensions and retirement go together as without an adequate pension retirement may not be possible.
As the first woman in my family to attend university, I am a strong supporter of OC diversity groups. I belong to the Social Diversity Network and am looking forward to taking part in The Bridge.
Claire Rankin is skilled at explaining the key issues to trustees and ensuring that we concentrate on the really important issues for the scheme (Legal 500, 2021)
Advised an employer on the equalisation of normal retirement ages between men and women
Advised trustees in connection with errors in scheme rules and options for correction.
Advised employer in connection with options to rationalise its legacy pension schemes following a corporate restructuring / merger.