“What is the purpose of a pension scheme?” – Clive Weber comments for Professional Pensions
24 / 04 / 2018
Partner in our Pensions & Employee Benefits team, Clive Weber, has had his comments published by Professional Pensions in relation to British Airways’ pension scheme dispute.
On the issue, Clive comments that “every exercise of an amendment power by trustees remains subject to the trustees’ general fiduciary duty. So, if an amendment by trustees is so extreme such that no body of trustees could properly have reached the same conclusion, this will not be a valid exercise of the trustees’ fiduciary power”
Visit the Professional Pensions website now to read the full article.