Verizon this week became the latest employer to be sued over a pension-risk transfer, with a new twist in the snowballing line of litigation: the insurer called out for allegedly being risky is ...
(Bloomberg) -- For the millions of expats who leave pension pots behind as they job-hop through the world’s financial hubs, retrieving that money has become a costly experience fraught with peril.
GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The new case against GE, which was brought by law firm Schlichter Bogard, ...
From the blog: Pension transfer advisers are stuck between a rock and a hard place. The Financial Conduct Authority is taking an intrusive and robust approach to regulating the industry, in many cases ...