Trustees of a pension scheme in actuarial surplus were not entitled to treat a clause requiring them to make arrangements for the surplus as allowing them to forgive their own liability to make contributions without the Trustees’ agreement or a variation.
Citations:
Times 25-Feb-1999, Gazette 03-Mar-1999, [1999] EWCA Civ 761, [1999] OPLR 95, [1999] Pens LR 37, [1999] PLR 37, [2000] ICR 174
Links:
Jurisdiction:
England and Wales
Employment, Financial Services
Updated: 05 December 2022; Ref: scu.82506