High Court rules short-term financial detriment 'no barrier' to Paris adoption

Trustees able to implement Paris-aligned strategies despite negative short-term risk

Hope William-Smith
clock • 2 min read
High Court rules short-term financial detriment 'no barrier' to Paris adoption

The trustees of two charitable trusts will be able to implement a Paris-aligned investment strategy that runs the risk of causing financial detriment to their trusts in the short term, the High Court has ruled.

The court's judgment on the Butler-Sloss & Others v The Charity Commissioner & Another case involved two charities in the Sainsbury Family Charitable Trusts network which control £42 and £22m of as...

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 Industry

Industry expects US tariffs to have adverse effect on scheme investments

Industry expects US tariffs to have adverse effect on scheme investments

PP survey finds 76% expect US government’s tariffs to have an adverse effect

Martin Richmond
clock 17 April 2025 • 2 min read
Industry not in favour of using pension savings for house deposits

Industry not in favour of using pension savings for house deposits

PP survey finds most do not agree with allowing early access to pension funds to help buy a house

Holly Roach
clock 17 April 2025 • 2 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

LGPS pooling plans rejected, XPS Group pre-close trading update, Aon warning amid market turbulence

Professional Pensions
clock 17 April 2025 • 1 min read
Trustpilot