US - Richard Schiffrin has come out of retirement to join litigation firm Grant & Eisenhofer in New York.
Schiffrin said: "Clearly the financial crisis has exposed a number of flagrant violations of trust by financial institutions and asset managers, as well as egregious breaches of securities and other federal laws. I have to admit it was hard to be observing these developments from the sidelines."
Schiffrin has worked with Grant & Eisenhofer previously. The two firms served as co-counsels in securing a US$3.2bn settlement against Tyco International, leading to the a contribution by Tyco of nearly $3bn, "as the largest single payment ever by a corporate defendant in a securities case," according to the release.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.
Pension Buzz respondents have disputed Lord Myners' arguments that asset owners, including pension funds, are substantially to blame for short-termism in business.