UK pension funds will recoup £1.4bn in US class action lawsuits following losses suffered at the peak of the financial crisis, a report reveals.
Research conducted by GOAL found that North European pension funds lost £51bn on their US investments in 2008 - some £21bn of which was attributable to UK schemes. However, GOAL warned schemes r...
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, 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
