What the Mitchells & Butlers case says about rectification

Last month, the trustee of the Mitchells & Butlers pension plan secured a victory in court to rectify the plan’s rules. In addition to rectification, the judgment deals with issues including proper consultation with the plan actuary for valid amendments and the principle of bona fide purchaser for value without notice as a bar to rectification. Chris Edwards-Earl looks at these issues in a recent article published in Professional Pensions.