Matthew Gilbey

Matt advises both schemes and corporates on employer covenant related matters including triennial valuations, transactions and long-term pension strategy. He advises across a broad range of schemes with asset sizes between £10m to £10bn+ and has significant experience in dealing with large or complex situations. In all his cases he brings his experience of working closely with TPR on assignments and a highly collaborative approach to working with his clients and their wider legal and actuarial advisers.

His expertise includes:

• Providing covenant advice and negotiation support through complex triennial valuations and transactions;
• Assessing covenant in the context a ‘Long Term Funding Objective’ and practical experience of implementing integrated risk management;
• Developing innovative funding solutions with the wider capability of PwC where cash recovery plans alone are a sub optimal solution; and
• Advising on the application of TPR’s moral hazard powers, including quantification and negotiation support.