Mike Holford

Mike leads the team in the North West, specialising in pension covenant advice but also advising clients including corporates and their lenders on corporate restructuring and insolvency. Mike has recently completed a secondment to the Pensions Regulator, where he led case teams dealing with transaction negotiations and restructuring scenarios, while also taking lead responsibility for writing policy guidance to protect schemes from sponsoring employer distress.

Mike’s main specialisms include:

• Covenant assessment and monitoring, incorporating scheme funding;
• Supporting trustees and sponsors in mapping key covenant risks along scheme journey plans to inform IRM discussions and mitigate scheme risk;
• Advising trustee boards and corporates in restructuring scenarios;
• Advising trustee boards and corporates on corporate transactions and agreeing mitigation packages;
• Advice in respect of PPF guarantee and ABF certification.