Pension fund trustees are increasingly having to grapple with the question of whether to participate in class actions. Given the demands of ongoing scheme management and business as usual administration, this often drops down the agenda. But it is important that trustees focus on the question as part of their fiduciary duty: assets may be out there which could properly be collected and used for the purposes of the scheme.
Arshad Khan discusses what pension fund trustees need to consider when participating in a class action
