Back to Events listing

Pensions

WATCH: Pensions Lecture #3: Prudence in investment – impact of Covid-19 turmoil

Wednesday 24 June 2020
11am - 12pm
Online, Zoom Webinar
1.0 CPD

For this webinar, we were delighted to be joined by M Scott Donald (University of New South Wales). Associate Professor Scott Donald is Director of the Centre for Law, Markets and Regulation, UNSW Law, UNSW Sydney.

David Pollard joined Scott for this webinar and together they looked at the use of the “prudence” test in pension scheme investment. Often quoted, but little defined.

What legally does prudence mean in investment?

  • Is prudence an implied duty? Is it the right test for pension schemes and commercial trusts? What does it require?

Prudence and XXX risks: Extreme, Exogenous and Existential

  • How far should trustees anticipate and seek to deal with XXX risks? In the light of the Covid 19 turmoil, what are the legal issues for trustees in relation to XXX risks?

James Walmsley chaired the session.


The Zoom recording of the webinar and slides can be found below.

If you have any queries please email seminars@wilberforce.co.uk

People to view:

Share by: Email

Related Insights View all thought leadership

  1. Placeholder

    Articles

    Pension crimes, fines and insolvency practitioners

    David Pollard has written an article about the relevance of the recent Supreme Court decision in R (Palmer) – in which it was held that an administrator was not in the class of persons liable to prosecution under the Trade... Read more

    By David Pollard
    Thursday 18 April 2024

    View more
  2. Placeholder

    News

    Wilberforce shortlisted for Chambers of the Year at The Lawyer Awards 2024

    We are delighted to announce that Wilberforce Chambers has been shortlisted at this year’s The Lawyer Awards for Chambers of the Year! Winners will be announced on Tuesday 18th June at London’s JW Marriott Grosvenor House Hotel. We are incredibly... Read more

    Friday 12 April 2024

    View more
  3. Placeholder

    External Conferences

    19th Biennial IPEBLA Conference

    Monday 27th May 2024
    Hilton Milan, Milan

    Speakers:
    David Pollard

    View more
  4. Placeholder

    Articles

    Climate Change and Investment Duties: a Prisoner’s Dilemma?

    James McCreath has written an article on the recent FMLC report on pension trustees and fiduciary duties. The article was first posted on Paul Newman KC‘s website pensionsbarrister.com. Read the full article

    By James McCreath
    Thursday 29 February 2024

    View more

View all thought leadership