||All England Reporter
|| All ER (D) 421 (Jul)
||Thomas Seymour (instructed by Lee & Priestley, Leeds) for the claimants.
||Simon Edwards (instructed by Canada Life Assurance Co, Potter's Bar) for the defendants.
||30 July 2001
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.
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.
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