Ombudsman rules in favour of trustee in conflict of interest case
The Pensions Ombudsman has ruled against a firm which alleged that a scheme member who was a director of a company and a trustee of its scheme failed to manage conflicting interests.
Complainant Nick Ecart was a vice president at IHS Global, and a member and trustee of its defined benefit scheme. In 2003, Aon Hewitt, the scheme manager, wrote to the trustees advising them four...
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