Pension schemes drop case against Henderson

On Friday, Henderson said in a statement on the stock exchange: "Henderson Group and the claimants announce today that the parties have reached a resolution of the matters in dispute between them. "Under the terms of the agreement reached between them, the Henderson Group parties to the proceedings will (without any admission of liability) pay the costs of the proceedings and in return the proceedings will be withdrawn." The announcement comes after Mr Justice Cooke ruled against the 22 pension funds in a preliminary hearing last year (PP Online 19 November 2012). The pension funds...