The AEA Technology pension scheme is expected to enter Pension Protection Fund assessment after its sponsoring employer was sold in a pre-pack administration.
The administration was triggered by the firm's £165m pension deficit, which its board announced in the summer had made it impossible to sell the business. This announcement sent AEA's share price tumbling...
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.