FSA queries Pension Corporation investment strategy
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Pension buyout firm Pension Corporation has been told by the FSA to explain aspects of its investment strategy, according to reports.
An article in the Independent on Sunday says the regulator recently sent a letter to the firm, which manages around £3.3bn worth of assets for 45,000 people, to flag up concerns it had about investments being made on behalf of policyholders.
The paper says Pension Corporation has since addressed the issues highlighted.
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