Two local government pension funds are leading a US class action law suit against Lehman Brothers over sub-prime losses.
The £3bn Lothian Pension Fund and the £3bn Northern Ireland Local Governmental Officers Superannuation Committee are leading a group of pension funds from around the world in the case. The schemes allege...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter