The former head of a charity for disabled people has denied defrauding its pension scheme of more than £250,000, sending the case to a full jury trial.
Appearing at Winchester Crown Court yesterday (28 May), Patrick McLarry pleaded not guilty to one charge of fraud by abuse of position, an offence which carries a maximum sentence of 10 years' imprisonment....
The £9bn Merseyside Pension Fund (MPF) has pledged £30m of scheme assets to a private direct lending fund designed to support small businesses and the UK economy.
Pension Insurance Corporation (PIC) has so far racked up £5.8bn of buyouts and buy-ins with defined benefit schemes this year, while reinsuring £7bn of longevity risk, it has revealed.
Just over a third of women claim they do not have a pension plan compared to 17% of men, a Willis Owen survey has found.
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