Chris Comerford is a partner in A&L Goodbody's Pensions group. Chris advises Irish and international corporations and trustees on all aspects of their pension arrangements and in particular on issues arising in scheme restructurings and wind-ups, public and private sector outsourcing, scheme documentation and administration, compliance with pensions legislation, the pensions aspects of mergers and acquisitions and the mediation and litigation of pension disputes and Ombudsman claims.
Areas of Expertise
Pensions/Pensions and Incentives/Pensions Disputes & Investigations
Experience Advising:
- Ulster Bank and NatWest on the pensions aspects of Ulster Bank’s strategic withdrawal from the Irish market.
- Becton Dickinson on the Irish pensions aspects of the spin-off of its global diabetes care business to embecta corp.
- IPS-Integrated Project Services, a portfolio company of Alleghany Capital, on the pensions aspects of its acquisition of Linesight, the global consultancy firm headquartered in Ireland.
- Trustees of a large industry-wide defined benefit scheme, in particular in relation to funding obligations.
- Employers and trustees on the EU IORP II cross-border regime and the impact of Brexit.
- Various employers and trustees of defined contribution pension schemes on transitioning to master trusts.
- Various employers on compliance with Irish automatic enrolment requirements.
- Trustees and employers on the pension implications of complex and high-value insolvency-related matters, including liquidation, examinership, administration and US Chapter 11 bankruptcy proceedings.
- Employers and trustees on compliance with regulatory and Revenue requirements, including IORP II, the Pensions Act, the Pensions Authority Code of Practice, the Taxes Consolidation Act and regulatory investigations.
- Pension product providers on product design and regulation, including in respect of annuities, PRSAs, life assurance policies and approved retirement funds.
- Master trust founders on the establishment and approval of a defined contribution master trust.
- Employers and trustees of a number of large defined benefit schemes in respect of scheme restructurings and funding issues, including closing to accrual, extrinsic contracts, section 50 applications, incentive exercises, guarantees, contingent assets and scheme wind-ups.
- Employers and trustees of a number of large defined benefit schemes on the litigation and mediation of pension disputes, including high-profile Commercial Court proceedings.
Market Recommendations
"Meticulous in his approach while keeping the client's objectives always in focus." (Chambers Europe 2024)
"Chris is an excellent pensions lawyer and one we are very comfortable in recommending." (Chambers Europe 2022)
"Provides an excellent service, quick to respond and provides technical advice that is easy to understand for non-employed trustees and other stakeholders." (Legal 500 2021)
"Next Generation Partner." (Legal 500 2020)
Professional activities
Chris is a member of the Association of Pension Lawyers in Ireland.
Education
- Solicitor, Law Society of Ireland
- BBLS, University College Dublin
Chris Comerford
Partner,
Pensions
Dublin