News Archive: Jul - 2012

Dutch Pension Sues Goldman for $300 Million

The Dutch pension fund Pensioenfonds Vervoer has accused Goldman Sachs Asset Management of breaching its fiduciary duty by making inappropriate investments during the financial crisis, filing two claims against the bank totaling up to $300 million.

UK Pension Costs to Rise 20%

Corporate pension funds could see already expensive pension arrangements hit their bottom line even harder next year due to poor economic conditions and new regulations coming into play.