Section 25: Avoidance of exclusion clauses
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
25. Avoidance of exclusion clauses
Every constitutive document or other document to which a private pension scheme is party shall be void in so far as it would have the effect of
exempting its governing body, pension scheme administrator, professional
adviser, investment adviser, asset manager, long-term insurer or any other
person appointed for managing the assets of the scheme from liability for
any failure to exercise due care and diligence in the discharge of its or his
respective functions in respect of the scheme.
PART V – ADMINISTRATION OF PRIVATE PENSION SCHEMES