As the US secretary of defense Donald Rumsfeld famously said at a conference in 2002, there are three types of information: the known knowns, the known unknowns and, finally, the unknown unknowns.
Even the list of know unknowns is impossibly big for schemes. There is uncertainty about future longevity increases, about whether future investment returns will go up or down, and the outlook for inflation...
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.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.