Morning papers roundup, Monday 14 May

Professional Adviser
clock

A powerful body of pension funds is calling on the Treasury to water down some of the radical pro...

A powerful body of pension funds is calling on the Treasury to water down some of the radical proposals contained in the Myners report on institutional investment endorsed by the chancellor, Gordon Brown, in his March Budget, says the Guardian this morning. The National Association of Pension Funds has written to the Treasury calling for independent academic research to be carried out on fees charged by stock brokers to pension funds - which the Myners report said should be disclosed by pension fund managers. Brian Davis, chief executive of Nationwide Building Society, has signalled ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •