In our series, Pensions Life Hacks, we provide top tips to help trustees deal with tricky situations. These are based on issues that we have come across in practice and we would like to help you to avoid the pitfalls.
Trustees of defined benefit pension schemes who are planning a buyout should consider how they are protected from personal liability if existing exoneration and indemnity provisions fall away. In our latest Pensions Life Hack, Anna Tomlinson considers the options open to trustees and the dangers of not addressing this at an early stage of the buyout process.
