The Law of Pension Trusts

This work on the law of pension trusts comprehensively fills a gap in the provision of good commentary on pensions law, both from a practical and scholarly perspective. Responding to a paucity of up-to-date publications in this area, David Pollard provides the most detailed treatment available of trust law as it relates to occupational pension schemes. The book provides answers to difficult problems in pensions law often not covered by statute, including trustees' obligations to employers, how spouses and dependents rank as beneficiaries and implied duties owed by employers. Pollard deals with the issues of most concern to practitioners in pensions law, including trustees' investment and amendment powers, and trustee investment duties. This practical guidance is supported and enhanced by incisive academic analysis. Written by a leading pensions practitioner, this book is a must have for all practitioners and scholars in the field.

Introduction ; Abbreviations ; 1. The Structure of Pensions Schemes ; 2. Pensions Trusts and General Trust Law ; 3. Pensions Trusts and Statute ; 4. Corporate Trustees ; 5. Liability of Directors of a Corporate Trustee ; 6. Conflict Issues for Pension Trustees ; 7. Regulator Trustee Powers ; 8. Spouses and Dependants ; 9. Trustees Powers- Proper Purpose ; 10. Trustees' Duties to Employers ; 11. Employer Powers- Non Fiduciary ; 12. Employer Powers to Appoint and Remove Trustees- Not a Fiduciary Power ; 13. Employer Powers: The Implied Duty of Trust and Confidence ; 14. Trustee Indemnities and Exonerations ; 15. Contract Overriding Trust: South West Trains ; 16. Saunders v Vautier and Pension Trusts ; 17. Amendment Powers ; 18. Disclosure Obligations: Schmidt v Rosewood ; 19. Employer Related Investments ; 20. Employers and Surpluses