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Monday 13 November 2017

When is a pension scheme a trust and an administrator a trustee?

Pensions analysis: The Upper Tribunal’s decision in RP Medplant Ltd v The Pensions Regulator affirms the view that it is substance rather than terminology that determines whether a document is in fact a trust. Joseph Steadman of Wilberforce Chambers and who acted for the Pensions Regulator, explains the background to the case and why it should serve as a warning to those administering pension schemes.

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