Lloyds Banking Group
Pension Lawyer

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Pension Lawyer
Pension Lawyer
Salary: £87,552 – £97,280 Location(s): Edinburgh, Bristol, Chester, Leeds and Newport Hours: Full-time Working Pattern: Hybrid (at least two days per week or 40% of time at one of our office sites)
What You’ll Be Doing
We’re looking for an experienced Pensions lawyer to join our Pensions Legal team, part of the wider Legal & Secretariat division. This role offers the chance to advise on a mix of:
- Pensions product matters,
- Regulatory issues,
- Commercial transactions, and
- Operational support
across the Group’s Insurance, Pensions, and Investments businesses.
Key Responsibilities
You’ll play a key role in ensuring Lloyds Banking Group delivers high-quality pensions and retirement solutions for customers while complying with legal and regulatory obligations. The work spans:
- Fast-moving strategic projects,
- Business-as-usual (BAU) support, and
- Regulatory change implementation.
Additionally, you’ll support IP&I’s (Insurance, Pensions & Investments) digital transformation by:
- Delivering strategic and pensions-related advice on initiatives such as:
- Digitising customer journeys,
- Developing features for the Scottish Widows App.
Team Dynamics
- The Pensions Legal team is an in-house specialist group providing pragmatic, business-focused advice to stakeholders across the Insurance, Pensions, and Investments businesses.
- You will join a collaborative, supportive team focused on professional development.
- The work combines:
- Deep pensions expertise,
- Commercial awareness, and
- Broad financial services regulation knowledge.
- You’ll work closely with:
- Senior leadership, and
- Multidisciplinary teams, offering exposure to:
- Product development,
- Distribution,
- Regulatory engagement, and
- Customer delivery.
The Legal & Secretariat Division’s Vision
The division is innovative with a commitment to being Future Ready, focusing on:
- Multi-skilling,
- Agility, and
- Optimising technology, data, and AI usage.
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
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Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
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Typical Duties
- Advise on legal and regulatory matters relating to:
- Workplace pensions (including master trusts),
- Personal pensions,
- Retirement products.
- Support strategic Group programmes, such as:
- Regulatory change implementation,
- Platform migrations.
- Draft, review, and negotiate pensions-related governance and commercial documentation, including:
- Pension scheme rules,
- Booklets,
- Product terms.
- Collaborate with teams across Legal, Risk, and the business to ensure:
- Good customer outcomes,
- Strong governance.
- Identify and manage legal risks, propose solutions, and help stakeholders make informed decisions.
- Keep abreast of:
- Changes in pensions legislation, and
- Regulatory developments.
Why Join Us?
We’re on an exciting journey to transform Lloyds Banking Group and reshape the future of finance for good.
Key highlights of our approach include:
- Investing in technologies, workplaces, and colleagues to foster a great workplace for everyone.
- Fostering diversity, equity, and inclusion—supporting both customers, colleagues, and communities.
Our commitments include:
- One of the first major organisations to set diversity goals in senior roles.
- Introduction of:
- A menopause health package, and
- A dedicated Working with Cancer Initiative.
- Reasonable workplace adjustments for colleagues with disabilities, including flexibility in:
- Office attendance,
- Location, and
- Working patterns.
- As a Disability Confident Leader, we guarantee interviews for a fair proportion of applicants meeting the role criteria who have:
- A disability,
- A long-term health condition, or
- A neurodivergent condition.


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We also offer reasonable adjustments throughout the recruitment process. Let us know what you need.
What We’re Looking For
Qualifications & Experience
We seek a qualified solicitor or barrister with:
- Strong pensions law experience, gained in:
- Private practice,
- In-house legal teams, or
- Regulatory bodies.
Required Skills & Knowledge
- Deep understanding of:
- Trust-based and contract-based pensions,
- Legal and regulatory frameworks, and
- Product governance.
- Ability to:
- Communicate complex legal issues clearly and concisely for non-lawyers, and
- Work collaboratively, building strong stakeholder relationships.
- A pragmatic, solutions-oriented mindset aligned with the Group’s values.
- Strong critical thinking, risk awareness, and sound judgement.
- Interest in exploring new ways of working, including integrating:
- Technology, and
- AI within the role.
Other Considerations
- We recognise that skills are developed in many ways, and we encourage applications from candidates with:
- Relevant, transferable experience, even if it doesn’t match typical years of service.
This Is a Place for You
Our ambition is to be the leading UK business for diversity, equity, and inclusion, supporting our:
- Customers,
- Colleagues, and
- Communities.
Inclusion Initiatives
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We offer a wide-ranging benefits package, including:
- Up to 15% pension contribution per annum.
- Annual performance-related bonus.
- Share schemes, including free shares.
- Adaptable benefits to suit your lifestyle, such as discounted shopping.
- 30 days’ holiday, plus bank holidays.
- A range of wellbeing initiatives.
- Generous parental leave policies.
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