UK schemes have joined 60 international institutional investors to sue Olympus for more than £40m over losses caused when the firm's share price plunged after an accounting scandal.
The plaintiffs allege that they lost out after the high tech manufacturer hid losses through false statements and commissions from company reports over more than a decade to 2011. The company, and three...
Johnson Controls International has appointed XPS Pensions as investment and actuarial adviser for two of its schemes, following a competitive tender process.
Merseyside Pension Fund has allocated an initial £400m of assets to a smart sustainability fund managed by State Street Global Advisors (SSGA).
This week's top stories included exclusive coverage of The Pensions Regulator's plans to require schemes to use professional trustees.
Buck has launched a solution to help pension schemes equalise guaranteed minimum pensions (GMPs) in a cost effective way with minimum hassle.