Thomas Edge & Ors v Pensions Ombudsman & Eric Christian George Nicholson (1999)
Judgment Date: 29 Jul 99
Summary Reduction of a pension fund surplus in order to avoid tax payments did not constitute a breach of duty by the fund's trustees, as it was fair and equitable in all the circumstances. Notwithstanding s.146(1) Pension Schemes Act 1993, the Pensions Ombudsman had no discretion to set aside the trustees'...