| Source: | All England Reporter |
| Publisher Citation: | [2001] All ER (D) 421 (Jul) |
| Court: | Chancery Division |
| Judge: | Etherton J |
| Representation | Thomas Seymour (instructed by Lee & Priestley, Leeds) for the claimants. |
| Simon Edwards (instructed by Canada Life Assurance Co, Potter's Bar) for the defendants. | |
| Judgment Dates: | 30 July 2001 |
Catchwords
Pensions - Pension scheme - Company pension scheme - Transfer of moneys from company pension scheme to first defendant for purchase of product - Trustees of scheme alleging transfer secured by fraud on part of agent of first defendant - Whether agreement to purchase void.
The Case
In proceedings initiated by the trustees of a small self-administered pension scheme for the return of moneys paid to the first defendant for the purchase of a financial product, the court held that, on the evidence, there had been no intention to purchase and accordingly the claim would succeed.
Practice Areas
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