Members in record-breaking EMI buyout deal issued annuity policies
Members of the EMI Group Pension Fund have been issued annuity policies in the wake of the landmark £1.5bn buyout last year.
Citigroup, the sponsoring employer since 2012, completed the transaction with Pension Insurance Corporation (PIC) in July to cover all risk associated with the liabilities of the scheme's 20,000 members...
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Trustee forced to return £292,000 stolen from workplace scheme
A convicted fraudster has been ordered to repay £292,000 which he transferred from savers’ pension pots and funnelled into businesses he part-owned.
