Pension

The Chancery Division made rulings concerning the question of whether there had been effective exercise of power to substitute the principle employer of the Wandel & Goltermann Retirement Benefits Scheme. It considered the validity of deeds by which amendments had been purportedly made to a definitive deed and rules of the scheme. The court held that, among other things, two deeds purporting to amend the scheme and its rules, made in 1995 and 1999, were valid and the 1999 deed had been properly executed in February 2000.