PENSIONS

Fight begins for slice of £700m from RBS

Local authority pension schemes continue to battle for a share of £700m from bailed out lender, RBS.

Local authority pension schemes continue to battle for a share of £700m from bailed out lender, RBS.

The pension funds, including Essex CC's, are joined as claimants in the action by 9,000 retail investors and several large US institutions.

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