High Court rules Wedgwood scheme closure in 2006 was effective

James Phillips
clock • 3 min read

The High Court has ruled that Wedgwood made an effective and valid decision when closing the Wedgwood Group Pension Plan (WGPP) to future accrual and ending the final salary link.

The case, which dates back to the rewriting of the scheme rules in 2001, centres on whether Waterford Wedgwood had validly introduced powers of amendment in line with previous rule restrictions. ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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