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Bain and Others, Petition for Directions
Bain and Others, Petition for Directions [2002] ScotCS 55 (28th February, 2002)
The Scottish Homes Superannuation Fund is not a trust scheme but a public service pension scheme established under statute and regulations; petitioners are not trustees under trust law and do not owe fiduciary duties as such.
Source excerpt
- Statutory pension schemes
- Trust scheme characterization
- Fiduciary duties
- Member nominated trustees