Company pensions and financial provision schemes have grown especially rapidly over the last ten years, for two main reasons:

• The difficulties experienced by the basic pension and health insurance regimes led to an increased need for supplementary schemes, both collective and individual.
• The burden of tax and social security contribution on employees led businesses to resort more and more often to systems of additional pay, which receive favourable tax and social security treatment, so as to increase employee loyalty.

Like insurance institutions, businesses require assistance with the implementation of such schemes, in light of the increasing complexity of regulations in the field.

Our areas of practice

We advise our clients in the following areas:

• Implementation of advance protective provision schemes (health expenses, incapacity disability and death benefit)
• Implementation of supplementary pension schemes (final salary schemes, fixed employer contribution schemes, French PERCO and PERE retirement savings plans)
• Auditing such schemes for conformity with regulations, especially those recently imposed by the “Fillon” Act, which reformed the law of health insurance, and its associated statutory instruments
• Managing the impact of restructures on schemes supplementing social security provision
• Law of mutual societies (mergers of mutuals parts II and III, auditing for conformity with regulations, etc)
• Advising insurance institutions
• Disputes relating to supplementary provision (URSSAF disputes concerning pensions and advance protective provision, application of the “Evin” Act etc)

Our approach

Our approach is based on:

• The skill and knowledge of our practice groups, based on our regular work in the field.
• The availability of the firm's expertise in other fields (tax law, company law, insurance law, brokering practice, etc). The complexity of the issues which arise demands collaboration with lawyers who are expert in other fields. These might include tax law, when dealing with classes of employees able to benefit from pension or advance provision schemes, or company law in a restructuring matter.
• Thoroughness and rigour.
• The ability to handle international matters through dedicated, multilingual lawyers.

Our clients

Our clients in the business world are French and international corporate groups and their subsidiaries operating across the full range of business activity, insurance companies, mutual societies and life assurance institutions.

Our Team

Senior Associates