THE TRUSTEES of J Sainsbury Pension Schemes have no power to force a private equity bidder to put more cash into the fund, a consultant claims.
Independent consultant John Ralfe accused the trustees of the supermarket giant’s two pension plans of “noisy sabre-rattling” after they warned that any buyer could have to plug a deficit of up to £3bn....
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.