The rebound in market liquidity since the credit crunch has spelled good news for some pension funds locked into hedge funds during the crisis, as some prominent funds have returned cash to investors sometimes years earlier than expected.
From September 2008, many pensions were stuck in funds as evaporating liquidity led many to halt withdrawals. By the end of 2008, Credit Suisse estimated, 25% of funds halted redemptions. Investors wanting...
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.