Old Mutual Asset Managers (OMAM) has launched a currency hedge fund.
The Old Mutual Currency Fund - which was made publicly available at the start of December - had been run within OMAM's incubator since March 2007. OMAM said it delivered a return of 11.5% during 2008....
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.
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.
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.