John Hayward pension consultant looks at the House of Lords decision in the Venables case and assesses its apparent far-reaching impact
In the long awaited decision in Venables and the Trustees of the Fussell Pension Scheme v Hornby[2003] UKHL 65 (the Venables case) the House of Lords has reversed by a majority of 4 to 1 the previous Court of Appeal decision this time finally in favour of Mr Venables. So the vexed question of what constitutes early retirement for a director has finally been resolved after eight years. It has been decided apparently on a very narrow basis and in another direction the decision appears to have opened a veritable can of worms. More of this later but readers may wish to remind...
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John Hayward pension consultant looks at the House of Lords decision in the Venables case and assesses its apparent far-reaching impact
In the long awaited decision in Venables and the Trustees of the Fussell Pension Scheme v Hornby[2003] UKHL 65 (the Venables case) the House of Lords has reversed by a majority of 4 to 1 the previous Court of Appeal decision this time finally in favour of Mr Venables. So the vexed question of what constitutes early retirement for a director has finally been resolved after eight years. It has been decided apparently on a very narrow basis and in another direction the decision appears to have opened a veritable can of worms. More of this later but readers may wish to remind...
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