STRONG institutional sales have boosted new business figures to record levels, Standard Life Investments says.
The investment management firm said it saw total net UK institutional sales of £3.9bn in the year to December 31 2007 – an increase of 18pc on 2006. It added that third party funds under management...
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.