PETITION OF abrdn (SLSPS) PENSION TRUSTEE COMPANY LTD FOR DIRECTIONS
PETITION OF abrdn (SLSPS) PENSION TRUSTEE COMPANY LTD FOR DIRECTIONS [2023] ScotCS CSIH_31 (01 August 2023)
The Court of Session held that the pension trustee could enter a de-risking buy-in and buy-out arrangement, and that any surplus would be held on resulting trust for employers.
- Resulting trusts
- Pension scheme surplus
- Trustee discretion
- De-risking transactions
- Fiduciary duties
- Resulting-trusts