David Farmer > PwC LLP > London, England > Lawyer Profile

PwC LLP
1 EMBANKMENT PLACE
LONDON
WC2N 6RH
England
David Farmer photo

Work Department

Pensions

Position

David is a Partner in the Pensions practice with over 18 years of experience advising corporates and trustees on all aspects of pensions law including general ongoing advice, liability management, major benefit redesign projects, and contingent funding arrangements. 

David advises clients on the pensions aspects of corporate transactions, particularly where the transaction involves staff transfer from one group scheme to another.

Examples of David’s experience include:

  • advising the BBC for over 10 years on the operation of the BBC Pension Scheme, one of the UK’s largest pension funds, and in relation to the DC arrangements operated by the corporation. This case shows how he can help navigate the interplay pensions and employment law whilst factoring in industrial relations issues which can stand up to significant ombudsman and court scrutiny
  • advising British Airways in relation to a contentious matter arising from a potential switch from RPI to CPI for pension increase purposes
  • advising clients in relation to making benefit design changes
  • dealing with funding issues including the use of contingent asset and asset backed funding structures
  • advising on corporate transactions and restructurings, including Pensions Regulator clearance issues and dealing with section 75 debts
  • advising in relation to pension schemes entering the Pension Protection Fund

Career

David was previously a partner at DLA Piper.

Memberships

David is the Treasurer of the Association of Pension Lawyers and sits on the association’s main committee.

Lawyer Rankings

London > Employment > Pensions (non-contentious)

PwC LLP ‘s pensions offering sits within a wider multidisciplinary network, providing an  integrated pensions service to clients. The team is headed by ‘inspirational team leader’ Oliver Reece, and is a key player in bulk annuity transactions.  DB indexation work has been a particular focus for the team, as well as ESG considerations, funding issues and restructurings, s75 debt changes and PPF advice – with David Farmer recommended. Fraser Sparks supports the practice with its contingent funding and public sector expertise.