The pensioner appealed a decision of the Pensions Ombudsman which rejected his complaint against the trustee of The Sunley Turriff Pension Scheme. He said that the assets of the Scheme supporting money purchase benefits form a fund or funds distinct from the assets supporting final salary benefits so that, in the winding-up of the Scheme, the former are available only to meet the money purchase benefits which the Scheme provides.
Citations:
[2008] EWHC 979 (Ch)
Links:
Jurisdiction:
England and Wales
Financial Services
Updated: 05 December 2022; Ref: scu.267537