IMG scheme conversion ruled unlawful

Jenna Towler
clock •

UK - The conversion of the IMG Pension Plan from defined benefit to defined contribution in 1992 was unlawful, the High Court ruled yesterday.

HR Trustees, the schemes independent trustee, brought the claim in a neutral capacity in order to find out whether an attempt by IMG in 1992 to convert the scheme from one offering members final sa...

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Jenna Towler
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