High Court rules short-term financial detriment 'no barrier' to Paris adoption

Trustees able to implement Paris-aligned strategies despite negative short-term risk

Hope William-Smith
clock • 2 min read
High Court rules short-term financial detriment 'no barrier' to Paris adoption

The trustees of two charitable trusts will be able to implement a Paris-aligned investment strategy that runs the risk of causing financial detriment to their trusts in the short term, the High Court has ruled.

The court's judgment on the Butler-Sloss & Others v The Charity Commissioner & Another case involved two charities in the Sainsbury Family Charitable Trusts network which control £42 and £22m of as...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Hope William-Smith
Author spotlight

Hope William-Smith

Editor at Professional Adviser

View profile
More from Hope William-Smith

Chair of The Pensions Ombudsman Caroline Rookes dies

DC pension holders now waiting an average of 29 days for transfers

More on Industry

UK inflation falls to 3.4% in May but upside pressures persist
Industry

UK inflation falls to 3.4% in May but upside pressures persist

CPI stood at 3.4% in May, down 0.1 percentage points from April’s figures

Sorin Dojan
Sorin Dojan
clock 18 June 2025 • 2 min read
Average pension transfer took just 11 days at tax year end, Origo finds
Industry

Average pension transfer took just 11 days at tax year end, Origo finds

Origo says transfer times decreased around tax year end with half taking seven days or less

Jasmine Urquhart
Jasmine Urquhart
clock 17 June 2025 • 1 min read
TPR sets out how its industry innovation service has 'already started delivering'
Industry

TPR sets out how its industry innovation service has 'already started delivering'

Service has allowed watchdog to help industry build solutions with savers ‘at the heart’

Holly Roach
Holly Roach
clock 17 June 2025 • 2 min read
Trustpilot