Schemes urged to check amendments after High Court sides with trustees in £17m case

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Schemes have been urged to check amendments to scheme rules carefully after the High Court ruled against an employer in a case that could increase its pension liabilities by £17m.

In the case, which was heard in July, Mrs Justice Asplin sided with trustees of the FDR Ltd pension scheme over the interpretation of changes to the way benefits were uprated. The trustees had a...

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