Practical pensions advice and technical analysis delivered clearly in a down to earth manner. Recent jobs: complex deeds, scheme restructuring, funding shortfalls, scheme mergers, PPF assessment periods, enhanced transfer values, implications of corporate restructuring/takeovers (including clearance and section 75 debt on employer), contingent assets, equalisation and investment management contracts. Chambers says “is unflappable, thorough and knowledgeable”.
- » Buy-out & Buy-In
- » Clearance Applications
- » Closure to Accrual
- » Enhanced Transfer Value
- » Guarantees, Securities & Charges
- » Merging Pension Schemes
- » Pension Increase Exchange
- » Pension Protection Fund Entry
- » Pensions
- » Pensions Restructuring
University of Warwick and College of Law, Chester. Trained at Burges Salmon. Joined 2001.
Advising trustees on employer proposals for a PPF drop in, resulting in an alternative solution being found with sale of the sponsoring employer and negotiation of appropriate mitigation for the scheme.
Advising trustees on appointing a fiduciary manager including reviewing and negotiating the investment management agreement.
Advising employer on closing DB scheme to further benefit accrual.
Negotiating and implementing contingent asset package to support funding arrangement and mitigate PPF levy incorporating costs guarantees and charges over freehold and leasehold property.
Pitmans’ Pensions Team – 2014 Budget Update 3 April 2014
Inequality of survivors' benefits - what now? 23 July 2014
Proposed abolition of 55% pensions death tax 2 October 2014
How close is your COMI 30 April 2015
David provides clear and succinct advice on difficult matters.Legal 500 2016
His style is refreshingly open and practical and he is always looking for commercial solutions.Chambers 2015
David Hosford "is unflappable, thorough and knowledgeable," note market sources. He often advises on corporate governance matters including Pension Protection Fund-compliant guarantees and Section 75 debt management.Chambers 2014
David Hosford led advice to the directors of Rhodia UK on a £240m funding arrangement.Legal 500 2014