ALL scheme wind-up victims could get 90pc of their core pension after the government promised to increase Financial Assistance Scheme funding.
The announcement was made before a House of Commons vote on the cross-party “lifeboat fund” amendment attached to the bill in the Lords. It would have meant FAS payments were increased to Pension Protection...
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.
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.
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.