summer is icumen in and suchlike stuff
May. 18th, 2004 11:22 pmI cut off work early for the sake of an hour and a half's "continuing professional development" (4 hours down quite a few more to go), which was quite interesting to me, but almost certainly dull if not incomprehensible to almost all of you: about challenging trustees' decisions if anyone cares even that much.
Ah, but it's at this time of year I remember precisely why I expend a quite horrendous proportion of my income to live in a shoebox in Primrose Hill rather than a smaller amount for a larger flat almost anywhere else. It's almost silent outside, apart from the birds, the window's open and the air smells almost clean.
Also I've opened a bottle of retsina. Sadly, being in a good mood, I've run out of things to say, so I shan't say them.
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Date: 2004-05-18 04:17 pm (UTC)no subject
Date: 2004-05-19 01:25 am (UTC)no subject
Date: 2004-05-19 06:45 am (UTC)no subject
Date: 2004-05-19 07:08 am (UTC)Or hope someone gives me a case in Reading County Court.
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Date: 2004-05-18 04:37 pm (UTC)With regard to investment portfolios? V tricky for the trustees, especially with regard to pensions.
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Date: 2004-05-19 01:31 am (UTC)All kinds of trusts: family, pensions, etc etc. Take Edge v. Pensions Ombudsman. Board of Trustees of a pension fund, which is obliged to be composed largely of serving employees, makes a decision on an actuarial surplus that benefits the serving employees in preference to retired and former employees. Can the Pensions Ombudsman strike it down as unfair to the retired and former employees given the conflict of interest of the board? No, says the Court of Appeal: their conflict of interest is built into the trust and so long as they "take into account relevant matters and ignore irrelevant matters" that's fine. Also about how to challenge trustees decisions given the serious limitations on the information to which the beneficiaries are entitled about why those decisions were made (Re: Londonderry)
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Date: 2004-05-18 07:29 pm (UTC)i mean, it just ain't livejournal without a little bit of drunkenfoolmaking
(well, it just ain't MY livejournal without it. but make me feel less alone, won't you?)
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Date: 2004-05-19 01:31 am (UTC)a silence is gold,
Date: 2004-05-19 03:19 am (UTC)but it's good that summer is here. :)
Try not to drink all the retsina. Sometimes it can be nasty. What is it? Kourtakis?
Re: a silence is gold,
Date: 2004-05-19 03:22 am (UTC)