In this latest podcast from the Herbert Smith Freehills' pension team, Professional Support Consultant, Tim Smith is joined by Dan Saunders, a Senior Associate in our pension disputes team. In this episode, Dan considers:
- the scope of trustees potential liability if they are found to have committed a breach of trust;
- the protections available to trustees in this scenario, including the effect of exoneration clauses, indemnities and insurance;
- whether the recent decision in the USS case opens the door for more claims to be brought against directors of a corporate trustee in their personal capacity; and
- how trustees can check what protections they have in place under their scheme.
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