Randy Bauslaugh

Randy Bauslaugh leads McCarthy Tétrault’s national Pensions, Benefits & Executive Compensation practice.

Randy has been involved with many of the leading pension and benefit cases over the past 30 years. He is presently counsel to the administrator of the Canadian Nortel pension plans, a lead creditor in the world-wide bankruptcy proceedings. He has experience advising on plan governance, plan design, plan mergers, restructurings and conversions, surplus repatriation, and deficit management. Randy has led negotiations relating to pension and benefit issues, and has also acted as a mediator and arbitrator in pension related labour disputes. He has reviewed, negotiated and helped implement investment de-risking strategies. Randy’s clients include public and private companies, appointed administrators of wound up plans, financial institutions, joint boards of trustees, and Canadian and foreign governments; for example Randy has advised the Government of Ontario, the Northwest Territories and Nunavut on pension policy and legislation and the governments of Bermuda, Jamaica, and India on public pension issues and pension standards.

Randy is an independent expert Trustee for one of Canada’s largest ELHTs, recently established in October, 2016 to oversee implementation and administration of the consolidation of Life, Health and Dental Benefits for approximately 45,000 English Catholic Teachers throughout Ontario. He is an active supporter of many industry associations: for example, he is a member of the Pension Policy Council of the C.D. Howe Institute, the editorial advisory board of Benefits and Pensions Monitor and a former Chairman of the International Pension and Employee Benefits Lawyers Association. Randy actively engages in community service. He served six years as Chair of the HR Committee of the Canadian Cancer Society, and currently serves as a Director on the Boards of the Canadian National Exhibition Association and the Scarborough Hospital Foundation.

In 2014, Randy was inducted into the CPBI Hall of Fame at a ceremony in Boston, Massachusetts. He is also listed in Who’s Who Legal: Canada, International Who’s Who Legal, Chambers Global: The World’s Leading Lawyers for Business, Chambers Canada, The Legal 500 – Canada, The Lexpert®/American Lawyer Guide to the Leading 500 Lawyers in Canada, Best Lawyers in Canada, The Canadian Legal Lexpert® Directory as a “most frequently recommended” practitioner in pensions and employee benefits, the Federated Press Directory of Professionals as a “distinguished contributor” and enjoys the highest rating granted to lawyers for professional competence and integrity in the Martindale-Hubbell Law Directory.

Randy obtained a BA from the University of Waterloo in 1977 and his LLB from Osgoode Hall Law School in 1981. He was called to the Ontario Bar in 1983.

Firm Overview:

McCarthy Tétrault is a Canadian law firm that offers a full suite of legal and business solutions to clients in Canada and around the world. We deliver integrated business, litigation, tax, real property, and labour and employment solutions through offices in Vancouver, Calgary, Toronto, Montréal, Québec City, New York and London, UK. Our industry knowledge and integrated national platform ensure we help build our clients’ competitive advantage.

Our culture is collaborative, inclusive, entrepreneurial and evolves with the pace of business. We are leading the charge to adapt to changing client needs by re-imagining of our service offerings, including our MT>3 and MT>Align divisions, and our Client Solutions. We are Canada’s first national law firm, and we are also its most innovative. We offer sophisticated legal and business advice that incents efficiency, leverages our deep industry knowledge and our national resources for an exceptional service experience that solves our clients’ most complex problems.

Dedication to our firm’s values helps us achieve our mission and helps clients achieve their business objectives. These values are intrinsic to who we are as a law firm and as a member of the global business community.

Michaela Berry

Michaela Berry is a specialist pension lawyer with many years’ experience of a wide range of pensions issues. This has included scheme set-up and wind-up, mergers and advice to clients on the pension aspects of corporate acquisitions and disposals. She provides guidance to trustees and employers on compliance with legislation.

Michaela heads the firm’s Public Sector team where she advises both local authorities and private employers in relation to public sector outsourcing, including establishing passport schemes and providing advice on admission to the LGPS, as well as advising in relation to the new Fair Deal.

She is also a member of our international pensions team and has experience advising a multinational employer considering setting up a new trust based international pension scheme. Michaela represents the firm at Ius Laboris events and conferences.

Her recent work has involved advising clients facing significant change in their pension fund arrangements, including merging schemes, introducing CARE arrangements, raising member contributions and altering future service accrual and analysing the employer’s contribution covenant.

Michaela’s work highlights include:

  • Advising schemes in relation to PPF entry
  • Advising the trustees of the EMI Pension fund in its £1.4bn buy-out in July 2013
  • Advising the Northern Ireland Water Pension Scheme on a major benefit redesign in 2015
  • Advising the Airbus UK Pension Scheme in relation to a scheme merger in 2018

“She’s been on that journey with us and understands our sensitivities. We have no professional trustees therefore we rely heavily on our advisers. We’ve always looked for proactivity and Michaela provides that.” ~ Alan Banks and Ian Scott, Chair and Trustee of Visteon Engineering Pension Scheme

Memberships & Qualifications:

Membership of professional bodies:

  • Association of Pension Lawyers (Full Member)
  • Pensions and Lifetime Savings Association (North London Group Committee Member)

Firm overview:

We are the UK’s leading specialist law firm for pension scheme trustees, employers, corporate investors and providers.

Our entire focus is on advising the pensions and retirement savings industry. We advise trustee boards, sponsoring employers, providers and Government bodies. With a client roster of more than 450 occupational pension schemes, expert legal advice is only the start of our service. We look at what our clients are trying to achieve and give the most commercial and pragmatic advice to reach that objective. This is one of the reasons we have so many long standing clients, with some relationships lasting decades.

“Distinguished pensions boutique with a broad array of experience in defined benefit and defined contribution schemes.” ~ Chambers UK, 2018

We are consistently ranked in the top tier for pensions by both leading UK legal directories (Chambers UK and the Legal 500) and have been for the last twenty years. In addition, we were named Pension Law Firm of the Year 2018 at the recent UK Pensions Awards.

As well as providing advice on ongoing operational issues, we have evolved our offering to match our clients’ changing requirements. This includes our finance and investment capability to assist with liability management, SPVs, guarantees and security arrangements; and a pensions and investment litigation team to advise on contentious issues.

More information about the firm, what we do and how we do it, is available at www.sackers.com