SCHEMES saw surpluses fall by over £48bn during July, latest figures from the Pension Protection Fund reveal.
The second edition of its 7800 Index – which provides an estimate for the funding position of 7783 predominately private sector pension schemes – revealed the aggregate surplus fell from £99bn at the end...
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.