WTL loses £1.5m Scottish Widows case

clock

The WTL International Retirement Benefits Scheme's claim of breach of contract and negligence against Scottish Widows has been rejected in the courts.

Trustees at the timber manufacturer and haulage company - which has been undergoing Pension Protection Fund assessment since July 2008 - alleged scheme actuary Eric Edwards had a potential conflict...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Law

Sports centre director pleads not guilty to pension fraud
Law

Sports centre director pleads not guilty to pension fraud

Defendant also pleaded not guilty to a charge of failing to provide requested information

Jasmine Urquhart
clock 05 May 2023 • 1 min read
Former business owner admits illegal investing
Law

Former business owner admits illegal investing

Stuart Garner pleaded guilty yesterday to three charges of breaching ERI rules

Holly Roach
clock 08 February 2022 • 1 min read
Law

Webb: People who die young will get a better deal by not annuitising

People who die younger will get a better deal by not annuitising according to pensions minister Steve Webb.

clock 30 April 2014 •
Trustpilot