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Liability of Pensions Funds Trustees
June 21, 2011
Article published in Butterworths Journal of International Banking and Finance Law
June 2011
Elspeth Talbot Rice QC and Daniel Warents explain in this article how trustees of personal pension trusts may be exposed to liability in respect of investments made by beneficiary-appointed investment managers, who receive commissions which they do not disclose to the beneficiary.