Manufacturer Morgan Crucible's UK scheme deficit spiked by almost 80% last year, hitting its highest level in three years, company accounts show.
Earnings published today show the deficit for the 6,000 member career average scheme at the end of 2011 standing at £47.4m - up from £26.6m at the end of 2010. The firm said the increase was down to...
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.