Earlier this month it was revealed the British Coal Staff Superannuation Scheme had launched a £50m claim against Towers Watson over ‘negligent investment advice'.
The filing on the US Securities and Exchange Commission (SEC) said this related to advice given by Watson Wyatt before its merger with Towers Perrin. The scheme alleged it lost £47.5m between Augus...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date