UK - Two City managers made unauthorised transactions in shares worth more than £270m in a bid to boost their bonuses, a court was told Wednesday.
Peter Young, 43, and Stewart Armer, 36, unit trust fund mangers with Morgan Grenfell, then hid the investments in secret companies to avoid suspicion, Kingston Crown Court heard. The pair were hel...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
