Schemes with contingent assets have until the end of March to certify that they meet stringent new criteria if they are to be used to reduce their Pension Protection Fund levy.
Under the latest guidelines, published in December, trustees must certify that they have "no reason to believe that each guarantor, as at the date of the certificate, could not meet its full commitment...
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.