Tom MacAulay

Clients turn to Tom MacAulay for advice on a wide range of corporate and commercial, M&A and insurance-related transactions, including pension de-risking transactions and related reinsurance. He has acted for a variety of insurers, other financial institutions and corporates. Tom has particularly wide-ranging experience in the life and annuity business (re)insurance space, covering bulk purchase annuities, the development of alternative de-risking solutions and reinsurance transactions, including "funded re".

Tom joined Mayer Brown in September 2024 from the London office of a leading life insurer, prior to which he worked at two "magic circle" firms in London and Milan.

• The insurance by Legal & General, through several tranches, of £7.5 billion of the British Steel Pension Scheme's liabilities, securing the benefits of approximately 67,000 members, the Scheme then becoming the largest UK scheme to have fully insured member benefits.*
• The execution of a £250m Assured Payment Policy between Legal & General and the AIB Group UK Pension Scheme.*
• The execution of a £925m Assured Payment Policy between Legal & General and the Legal & General Group UK Pension and Assurance Fund and a £400m APP between Legal & General and the Legal & General Group UK Senior Pension Scheme.*
• The de-risking of The Pearson Pension Plan through a circa £600 million buy-in, covering approximately 2,400 members.*
• A £750 million buy-in transaction between Legal & General and the ICI Pension Fund (one of a number of buy-in transactions between the parties).*

• England and Wales

• Italiano