CCWIPP trustees charged over dubious investments

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CANADA - Trustees of the Canadian Commercial Workers Industry Pension Plan (CCWIPP) vehemently denied charges of investing a reported CAN$225m of the plan's money in questionable ventures.

After a three-year examination, the Financial Services Commission of Ontario (FSCO) filed regulatory charges against 10 of the pension fund trustees accusing them of “failing to exercise the care, ...

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