PENSION schemes are considering launching legal action against investment firms caught in the sub-prime crisis, Reynolds Porter Chamberlain says.
The law firm said while much of the legal action is expected to be launched in the US against listed companies – with securities fraud class action cases already being established – the effect could spread...
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.