Following a decision on the partial wind-up of a pension plan, the applicant sought costs against the respondent.
The Financial Services Tribunal dismissed the costs claim, finding that the respondent's conduct during the hearing was reasonable and did not meet the criteria for a costs award under Rule 45.01.
Furthermore, the Tribunal held that it could not award costs for the fees of the applicant's representative, who was not licensed under the Law Society Act, as doing so would contravene public policy.
