Millions of pounds taken from nine defrauded pension schemes were transferred to two shell companies before being disseminated to a multitude of "risky" investments, a court heard yesterday.
Southwark Crown Court heard the underfunded schemes were targeted by defendant Tony Morris after his company The Money Portal bought out GP Noble, a Nottingham-based independent trustee firm, in 2006....
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.
Universities UK (UUK) has suggested a collective defined contribution (CDC) scheme could be a replacement for the defined benefit (DB) element of the Universities Superannuation Scheme (USS).
This week's top stories included a Pensions Institute report suggesting the aviation industry's practice of constantly evaluating mistakes should be applied to defined benefit pensions.