US - US district judge Marsha J. Pechman has issued an order certifying a class of participants in the pension plans sponsored by Washington Mutual, Inc. (WaMu) and three predecessor banks.
They added the class action included current and former WaMu employees, who were participants in the pension plans of Washington Mutual, Pacific First, Great Western, or Dime depending on the dates of participation.
Keller Rohrback said they were also investigating related pension claims against WaMu.
Washington Mutual declined to comment.
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.