Trustees are largely unaware of the potential conflicts of interest and risk involved with securities lending, a former governor of the International Corporate Governance Network has claimed.
Andrew Clearfield - who is a founder of corporate governance engagement firm, Investment Initiatives - said schemes should ensure they do not to lend for shareholder voting related issues. He said: "The...
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.