Mistakes are surprisingly common in formal pension scheme documentation and, once discovered, should be corrected to ensure that members receive the benefits to which they are entitled. Frequently, the correction of such mistakes involves a full hearing of all the evidence and the application by the Court of the equitable doctrine of rectification. This is the usual remedy where the rules make sense but they happen to say something which the parties did not intend when the trust deed was executed. Read more. (Subscription required.)
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