A look at the De La Rue battle over final salary rules

A case update on De La Rue & Ors v De La Rue Pension Trustee Ltd & Anor

clock • 5 min read

The recent case of De la Rue Plc & Ors v De La Rue Pension Trustee Ltd & Anor [2022] EWHC 48 (Ch) has seen the High Court rule on the construction of the De la Rue scheme's (the scheme) deferred benefits revaluation rule.

This is the latest in a line of cases to provide insight as to how the court construes pension scheme documentation. The case demonstrates that determining a scheme's rate of benefit uplifts remain...

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