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DB disputes: Solutions must be cost-efficient

Richard Bacon

From the blog: A number of important court cases involving defined benefit schemes are expected to be handed down in 2018.

 

At heart, each contains the same tension: a doubt regarding the interpretation or validity of a DB scheme’s governing documentation, which its sponsoring employer argues should be decided in a way that reduces the value of members’ benefits (and the cost of the scheme), and its members the opposite.

 

The scheme’s trustees will almost invariably be a third party.

 

Click here to read the full blog post

Richard Bacon | January 8, 2018

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