Pension scheme trustees can face difficulties when trying to recover past pensions overpayments from members, a lawyer has said.
08 May 2013
Eastman Kodak has agreed to transfer part of its business to the UK Kodak Pension Plan (KPP) to settle $2.8bn (£1.8bn) of claims made by the scheme.
30 April 2013
Pension funds have launched a claim against The Royal Bank of Scotland over a rights issue in 2008 when the bank sold shares at £2 per share.
02 April 2013
Dutch pension fund Stichting Pensioenfonds ABP (ABP) has reached a $215m class settlement with Merck regarding a five-year-old securities class action.
14 February 2013
The biggest Dutch pension fund, Stichting Pensioenfonds ABP, has settled claims against Deutsche Bank AG regarding residential mortgage-backed securities (RMBS).
07 February 2013
A leading class action specialist predicts that, with an increase in the amount of pension funds claiming back lost investments, settlements in securities class actions outside the US could rise to $8.3bn per year by 2020.
04 February 2013
Dutch pension fund Stichting Pensioenfonds ABP has reached agreement with JPMorgan Chase & Co. (JPMC) to settle claims regarding residential mortgage-backed securities.
11 December 2012
Legal practice Squire Sanders published its white paper on UK pension reform at the National Association of Pension Funds' (NAPF) annual meeting in Liverpool, examining the key issues affecting the affordability of pension plans.
17 October 2012
Pension schemes and asset managers from within the UK and Europe are suing BP in the U.S. court of Texas over alleged fraud and negligence before, during and after the Deepwater Horizon oil spill.
07 September 2012
Swedish fund AP7, along with five US public schemes, has been named lead plaintiff in a U.S. class action lawsuit against JP Morgan Chase over losses allegedly caused by the bank's chief investment office and trader Bruno Iksil, also known as the 'London Whale'.
22 August 2012
The Pensions Regulator (TPR) has released details of its investigation into the trustees of GP Noble and said it would take "swift action to disrupt fraud" in the future.
13 July 2012
Pensioenfonds Vervoer, the Dutch transport industry's pension fund is preparing to sue Goldman Sachs' Asset Management for €250m claiming it failed to properly manage its portfolio during the height of the crisis.
09 July 2012
The Pensions Regulator (TPR) has set out its strategy for tackling non-compliance with the changes to pensions law, revealing they will use fines and other measures to make sure all UK companies comply with the new rules on auto-enrolment.
22 June 2012
The U.S.'s second largest public pension fund has sued current and former executives and board members at Wal-Mart Stores for alleged bribery in the company's Mexico branch.
04 May 2012
US regulators have sued a former chief executive and a former director of the California Public Employees' Retirement System (CalPERS), accusing them of defrauding an investment firm for the sum of $20m.
25 April 2012
The Dutch Central Bank (DNB) was wrong to force the SPVG pension scheme (Pensioenfonds van de Vereenigde Glasfabrieken) to sell off its gold and has to compensate the scheme for its loss, the court decided today.
16 March 2012
ABP, the third biggest pension scheme in the world, filed a lawsuit at the New York state Supreme Court last Friday against asset managers Goldman Sachs over 'misleading' investments.
01 February 2012
Siemens is facing a €100 million legal claim in Austria from 120 angry former managers over cuts to their pension payments
27 January 2012
Dutch pension scheme ABP has taken up more legal proceedings against an investment manager, this time filing a suit in the New York State Supreme Court against Credit Suisse over alleged misleading practices concerning residential mortgage backed securities (RMBS), claiming it led to substantial losses
06 January 2012
A pressure group for disgruntled Scottish & Newcastle (S&N) pension scheme members has confirmed that the Pensions Ombudsman is looking into its complaint against Heineken.
22 December 2011
Henderson Group is being sued by a group of 23 UK pension schemes and other institutional investors after the collapse of negotiations over compensation for losses incurred through the purchase of the construction company John Laing
15 December 2011
ABP, one of the largest pension schemes in the world, yesterday filed a suit at the New York state Supreme Court against JPMorgan Chase over residential mortgage-backed securities it is said to have purchased
09 December 2011
The Bekaert Group has filed a suit against asset management firm Petercam for alleged incompetent management of the firm's pension fund fixed income investments
28 November 2011
Two weeks ago a group of pension schemes, with a stake in News Corporation, filed an amended complaint against the company tied to the media giant's role in the phone hacking scandal. Pension Funds Insider explores the case and its consequences
13 October 2011
Earlier this year, seventy of the world's largest pension schemes and institutional investors sent a letter to the US Securities and Exchange Commission (SEC). In it, they asked SEC to put forward a case to Congress calling for a return to the days of investors being able to pursue non-US corporations for fraudulent activity in American courts
10 October 2011
The University and College Union (UCU) has sent a letter to their members asking them to stand up in protest after the union was notified by the Universities Superannuation Scheme's (USS) Board telling them to attend meetings or face High Court action.
07 October 2011
The US saw a long list of class actions filed by angry foreign investors appearing in its courts in 2008, as the financial crisis took hold. Now, three years later, Pension Funds Insider asks how European pension schemes can still pursue such claims, after restrictions have been placed on pursuing non-US firms on American soil
05 October 2011
A judge at the Los Angeles federal court recently ruled that the Dutch fund ABP has waited too long with filing fraud claims against mortgage lender Countrywide
26 September 2011
Pension schemes and other News Corp. shareholders have filed a second amended complaint in the US, arguing that the phone hacking scandal is merely one of many acts of illegal conduct that the board was fully aware of
22 September 2011
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