The National Association of Pension Funds has launched a public consultation on the scope of its "pounds and pence" charging code of conduct, proposing adherents produce a two-page disclosure document for members.
The association announced last autumn that it would create a voluntary code of conduct for defined contribution providers to follow when disclosing their charges to consumers (PP Online 20 October 2011)....
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.