|  |  |  |  | |  | for Pension Trustees LiabilityRecent litigation and legislation have brought the potential personal liabilities of trustees and administrators of pension schemes into sharp focus. The risks they face have grown substantially, furthermore these risks do not cease on resignation or retirement. This continuing liability makes trustees particularly vulnerable.
Many trustees now require the financial comfort that an appropriately structured insurance policy provides.
Our policies provide for severability of cover for the individual interests. For example this means that fraud by one of the trustees does not invalidate the cover for the other, innocent, trustees.
In the event of a problem arising the policy will, if it is needed, pay for the individual trustees to be represented by separate lawyers | |
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