Q&As

Where a parent takes receipt of child allowance payments under a pension scheme on behalf of their minor child (payable monthly for a ten-year period), is the parent under a duty to hold the benefits on trust for the child?

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Published on LexisPSL on 05/03/2018

The following Private Client Q&A provides comprehensive and up to date legal information covering:

  • Where a parent takes receipt of child allowance payments under a pension scheme on behalf of their minor child (payable monthly for a ten-year period), is the parent under a duty to hold the benefits on trust for the child?

Where a parent takes receipt of child allowance payments under a pension scheme on behalf of their minor child (payable monthly for a ten-year period), is the parent under a duty to hold the benefits on trust for the child?

In order to establish the parent’s duties towards the minor beneficiary, it will be necessary to consider in detail the Child

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