David Hosford
Partner
-
Location
Reading
118 957 0363&t_mobile=+44(0)7786 266404&photo=https://www.bdbpitmans.com/wp-content/uploads/HOSFORD-David-cropped-440x437.jpg){kind=link}
Profile
Services
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.
Recommended in the Ninth Edition of The Best Lawyers in the United Kingdom and the Best Lawyers Business Edition for Pensions Practice in London.
""He is calm, pragmatic, responsive and produces clear advice.
Chambers and Partners UK 2021
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
related items
-
blog
13 September 202162: DWP consults on the Notifiable Events (Amendments) Regulations 2021
-
blog
-
blog
15 March 202144: Recent Pensions Ombudsman determinations
-
blog
