Year of Call:
Nick practises in commercial and chancery law with a focus on pensions, financial services and professional negligence. He is much in demand for his expertise in cross-over work involving regulatory issues and commercial law. The directories recommend Nick for his client care, for his advocacy, for developing new arguments, and for finding solutions; he is described as being “second to none”.
Recent case highlights include:
(1) Lloyds Banking Group Pensions Trustees Limited v Lloyds Bank Plc  EWHC 3135 (Ch). This 2020 Judgment addressed the obligation to equalise for the effect of unequal GMPs on transfers out. Nick also acted for the Representative Beneficiaries in the major 2018 Judgment ( EWHC 2839 (Ch) and  EWHC 3343 (Ch)].
(2) Gleeds v Aon and ors, acting for the defendant solicitors in a significant professional negligence matter.
(3) Ove Arup & Partners International Ltd v Trustees of the Arup UK Pension Scheme  EWHC 1064 (Ch). A case concerning the “functional replacement” of the RPI.
(4) Re A Beddoe, acting for the beneficiaries in a November 2020 hearing in front of Mr Justice Trower (against Leading Counsel).
(5) ColArt International Holdings Limited v (a) ColArt Pension Trustees Limited (2) Mark Coulson  EWHC 3081 (Ch). Rectification proceedings representing the claimant company.
Nick’s ongoing work includes professional negligence matters (for solicitors, benefits consultants and investment advisers), company disputes (including various insolvency matters), indexation work, and regulatory work both for and against the Financial Conduct Authority and The Pensions Regulator. He is a member of the Attorney General’s Panel of Junior Counsel to the Crown.
Nick’s practice crosses the regulatory and civil aspects of financial services and is built on invaluable experience gained in 2010/11 on secondment to (what was then) the General Counsel’s Division at the Financial Services Authority. At the FSA Nick advised on a broad range of matters, including the first ever use of the SRR and BIP under the Banking Act 2009 (Re Southsea Mortgage and Investment Company). He had regular engagement with FSA Enforcement and SFO investigatory work.
Nick continues to be instructed by the FCA. Work over the last few months for the FCA has included advice on perimeter matters, information gateways, and work on ISAs and Child Trust Funds.
His work for private clients over the last 12 months or so has included:
- regulator perimeter queries
- advising an American PE fund on sanctions issues arising from contracts concluded in London
- advice on regulatory risks for a major insurance corporation (involved in pension scheme buy-ins and buy-outs)
- advice on collective investment schemes
- a successful appearance in front of the RDC for a mid-level manager at a well-known Building Society
Nick’s Financial Services practice often leads to instruction in commercial litigation (including professional negligence matters). He has acted in a wide range of mis-selling claims (often in respect of derivative products, including LIBOR linked products and pension matters (see his article Pensions Misselling: cracks in the system (New Law Journal, May 2018)) and in major litigation concerning involving (allegedly) negligent advice to a fund in 2007 to invest £2 billion of trust assets in credit default swaps and £500 million in US sub-prime mortgage backed assets (Philips Pension Trustees Limited & Philips Electronics UK Limited).
Nick is the author of chapter 3 of “The Bribery Act 2010” in the Second Edition of Lissack and Horlick on Bribery (LexisNexis) and writes for Lexis PSL (including on Corporate Transactions and Bribery, January 2016).
Appointments & Memberships
- Association of Pension Lawyers
- Financial Services Lawyers Association
- Young International Arbitration Group
- Commercial Bar Association
Nicholas Hill is regulated by the Bar Standards Board (BSB) and holds a current practising certificate. If you are not satisfied with the service provided, please click here.
Areas of Law
“He is excellent with clients, has a great eye for detail and picks up the background very quickly.” Professional Negligence, Legal 500 2021
“Enormously thorough and quick. Right on top of the subject, and you can rely on him to know what the case is about and then spot a new angle. Second to none.” Pensions, Legal 500 2021
“He is doing big and high-profile cases.” Pensions, Chambers & Partners 2021
“A junior with significant expertise in financial services law. He can boast extensive experience in Part 8 claims, professional negligence and contribution disputes.”
Pensions, Chambers & Partners 2020
“He is very technically minded and easy to get along with.”
Pensions, Chambers & Partners 2020
“He is a very good pensions junior.”
Pensions, Legal 500 2020
“A fantastic advocate.”
Professional Negligence, Legal 500 2020
“Excellent with clients and really bright. He thinks of new arguments and is great in court.” Pensions, Chambers & Partners 2019
“He finds solutions to problems and is very helpful.” Pensions, Chambers & Partners 2019
“An excellent junior barrister, he grasped an enormous amount of documentation and information, knew his way around the trust instrument quickly, and advised senior clients with confidence and skill in a lengthy conference.” Pensions, Chambers & Partners 2018
“He is good on his feet, knows his stuff and is a very good team player.” Pensions, Chambers & Partners 2018
“An up-and-coming junior with significant expertise in financial services law. He can boast extensive experience in part 8 claims, professional negligence and contribution disputes.” Pensions, Chambers & Partners 2017
“He’s very practical and gets straight to the point.” Pensions, Chambers & Partners 2017