Why standstill agreements matter for pension schemes

Chris Edwards-Earl and Helena Berman look at the judgment in a recent court case on drafting errors.

clock • 3 min read

The recent High Court judgment in Kingsley Napley LLP v Harris & Another is a helpful study on the use of ‘standstill agreements' in pursuing claims and the effect of drafting errors in these documents.

In this case, it was argued that a solicitor's error forced their client to settle their claims for a lower amount. The court was called upon to consider what effect the error had on the client's c...

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

More on Regulation

PLSA publishes growth asset recommendations in report

PLSA publishes growth asset recommendations in report

Industry body provides recommendations for pension funds and government

Jasmine Urquhart
clock 12 August 2024 • 2 min read
IGG shares views on Mansion House reforms

IGG shares views on Mansion House reforms

Investment incentives with a risk guarantee should be considered for DB schemes, IGG says

Jasmine Urquhart
clock 14 September 2023 • 4 min read
Expect the general code in next few weeks, DWP says

Expect the general code in next few weeks, DWP says

Also says it is ‘unlikely’ steps to mandate for professional trustees will be taken

Holly Roach
clock 14 September 2023 • 2 min read
Trustpilot