
Merseyside and North Yorkshire to sue RBS
Two major local authority schemes have started legal action against Royal Bank of Scotland, alleging it made "materially false and misleading" statements about its financial health.
The £4.3bn Merseyside Pension Fund and £1.2bn North Yorkshire Pension Fund will act as lead plaintiffs in the class action law suit against the bank. The schemes are seeking damages for losses incurred...
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Croydon sets up asset-backed funding to reduce pension contributions
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Half of pension scam red flags raised by schemes involves advisers, finds survey
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.
Have your say: Should CEOs have to pay into the same staff DB scheme as their workers?
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.
Norfolk Pension Fund wins rare US securities fraud class action case
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.