The sponsors of the Gleeds Retirement Benefits Scheme could face a £45m bill following a ruling in the High Court over the validity of the scheme's deeds.
In 2010, the current trustees of the scheme discovered changes made to through deed amendments since 1989 were not valid, due to signatures from the sponsors not being properly witnessed. Some of t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
