US - The Pension Benefit Guaranty Corporation (PBGC) has come under pressure to scrutinise its use of Wilshire Associates as its consultant in light of a Department of Labor (DoL) investigation into conflicts of interest under which Wilshire has been subpoenaed.
The federal insurer has also been asked to look into work carried out by Wilshire for terminated pension plans under the PBGC’s control. However Wilshire has strenuously denied it has ever serve...
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