In 1971 a Commission chaired by Lord Justice Buckley proposed changes to the City churches, including the creation of seven team ministries. St Magnus would have been part of a Fenchurch team along with All Hallows by the Tower, St Olave's Hart Street and St Margaret Pattens. In 1994 the Templeman Commission proposed a radical restructuring of the churches in the City Deanery. St Magnus was identified as one of the 12 churches that would remain as either a parish or an 'active' church. However, the proposals were dropped following a public outcry and the consecration of a new Bishop of London. Following the departure of Fr Michael Woodgate (Rector 1984 to 1995) the presentation to the living was suspended until 2010. The Ven Ken Gibbons was Priest-in-Charge from 1997 to 2003.