I am a specialist pensions lawyer with many years’ experience advising trustees and companies on all aspects of UK pensions law, regulation and industry best practice. I am a DC specialist but also have a thriving DB practice – my clients include trustees/providers of master trusts, DC and DB occupational pension schemes, personal pension providers, IGCs, and international/FTSE 100 and 250 companies.

Advising across the full range of workplace and personal pension arrangements makes me uniquely placed to provide independent advice and ideas on issues which span trust and contract pension provision. It also gives me a practical appreciation of the key challenges we need to overcome to secure good outcomes for members. I am passionate about eliminating the gender and ethnicity pensions gap and am working on industry initiatives which seek to influence change here.  I chair and co-ordinate cross industry initiatives on value for money aimed at improving member outcomes and feed into regulatory developments at DWP, FCA and TPR in this space.   I pride myself on providing innovative solutions for DB and DC clients which focus on what clients want to achieve rather than simply describing the legal barriers to change.

Recent experience

• advising DC master trust trustees and providers on supervision of master trusts both on wider strategic issues and operational projects
• advising providers of trust and contract-based DC arrangements on changes to investment strategies / investment platforms on a “without consent” basis, setting up new arrangements and developing in-scheme/ in-house retirement solutions
• advising DB clients on endgame solutions and risk transfer projects, including advice on securing benefits with insurers and finding innovative solutions for effective use of surplus
• advising on advice and guidance propositions for occupational single employer trust-based schemes and workplace personal pension providers
• advising IGCs on the development of their roles
• advising trustees and workplace pension providers on pension issues arising in corporate transactions and internal restructuring, outsourcing, scheme mergers, wind-ups and buy-outs
• advising on effective ways to mitigate the gender and ethnicity pensions gap
• advising on the proposed changes to dealing with small pots
• advising in relation to offshore arrangements, including set up of QROPS schemes from a UK law perspective.

Joined Sackers: 2016

Became partner: 2017

Testimonials

“Jacqui Reid is both knowledgeable and pragmatic. Her client service, level of sophistication and commercial vision are very strong. Jacqui has been tireless in supporting industry clients.” – Chambers UK CMI Report

“Jacqui is excellent. She is able to lead on many issues and works effectively with other parts of the firm when different expertise is required.” – Chambers UK CMI Report

“Jacqui Reid has been superb at encouraging effective interaction between the industry and regulators. She has played a key role in helping a consensus to develop across many different players and perspectives in terms of how best the industry can implement the regulators’ policy intentions.” Legal 500

“Jacqui Reid has been absolutely fantastic in the patient way she has “herded cats” and facilitated the development of an industry consensus on some tricky issues. Her deep understanding of the complex pensions world, combined with her patience, diplomacy and perseverance have proved highly effective and significant in advancing good governance in workplace pensions. Without her and the backing of Sackers, I cannot imagine how these outcomes could have been achieved.” Legal 500