76. Neuberger J said further that
"In my judgement, the essential feature in Kemble, which led the judge to his
conclusion was the terms upon which the deed setting
up the pension scheme was amended to introduce the money purchase scheme."
He distinguished Kemble from the Barclays case because in Kemble the
announcement of the money purchase scheme had contained the statement that "the
Company will pay contributions to the new money purchase plan."