Postcodes to determine size of pension payout; Barclays forced to arrange £1.6bn BoE emergency loan; Office glut as bank profits weaken; Private equity held up by ‘a year's worth of debt'
Postcodes to determine size of pension payout The Times (p11) Pensioners in wealthy areas could get smaller pensions than people living in less desirable postcodes under a pilot scheme by Legal & General...
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.