David Hosford Email & Phone Number

David has over 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."Sources appreciate his 'very detailed and thorough' approach."Chambers and Partners UK 2019"I have always found him to be very sensible, he takes a common-sense approach.""Unflappable, thorough and knowledgeable.""David provides clear and succinct advice on difficult matters.""David Hosford is flexible in approach and listens to our concerns before constructing an opinion or giving advice."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

Listed skills include Pensions Law, Complex Deeds, Scheme Restructuring, Funding Shortfalls, and 18 others.