Pension Fund Abuse

Law360, New York (January 23, 2008, 12:00 AM EST) -- Virtually every blue-collar government worker has retirement funds invested in a pension fund; however, probably 99% of those employees have no idea as to what a pension fund is or how those funds are invested.

This article discusses the nature of pension funds, how they are set up and how the consultants and investment managers are selected. In this context, this article will also discuss the existence of pension fund abuses, including substantial conflicts of interest that exist with the consultants hired to manage these funds...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.