FTSE100 companies dramatically upped pension contributions last year to a record £17.5bn, data from LCP reveals.
Figures from the consultant's 17th annual Accounting for Pensions report said the figure was up 50% on 2009. The largest contribution was by Royal Dutch Shell at £3.3bn, up more than £2.5bn on contributions...
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.