A board of trustees must repay more than half a million pounds plus interest after the pensions ombudsman ruled they had breached their investment duties.
A total of 72 members of the ES Group Pension Scheme complained about investments made by the trustees between 1996 and 1998 in shares in employer companies totalling £375,500 - which proved to be worthless....
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.