Bircham Dyson Bell (BDB) LLP and Pitmans LLP merged on 1 December 2018 to become BDB Pitmans LLP. More details can be found here
David Hosford
Partner
+44 (0)118 957 0363
DavidHosford@bdbpitmans.com-
Service
Pensions
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Location
Reading
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Profile
David has nearly 25 years’ experience advising on pension scheme matters including consolidating trust deeds and rules, funding shortfalls, contingent assets, PPF assessment, complex deeds and enhanced transfer values / other liability management.
David has particular expertise in section 75 debt issues, reorganisations, mergers and restructuring.
Career Highlights
- Devising a structure to allow a poorly funded “’orphan” ‘ scheme to successfully enter the PPF and so better secure members’ benefits
- Negotiating and implementing a package of contingent assets comprising a guarantee and changes over multiple properties, so giving greater security and reducing the PPF levy
- Advice to identify statutory employers and negotiating and implementing flexible apportionment arrangements, thereby facilitating a group re-organisation without any section 75 debt triggered
- Helping scheme trustees reject the employer’s debt compromise proposal and implement a viable recovery plan, including a parent company guarantee
- Merger of group pension schemes, including to successfully release surplus trapped in the transferring scheme
Memberships & Professional Bodies
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