Papers

WILLEM Buiter, a former member of the Bank of England's monetary policy committee and professor at the London School of Economics, yesterday called for an end to the regulatory regime that is forcing pension funds into buying long-dated government bonds...

ONLY A FEW people have so far been compensated by the government's £400m scheme for workers who have been denied their pensions, nearly two years after the project was announced, reports The Times.

ACTION MUST be taken quickly to fill a dangerous policy vacuum created by the sudden abolition of a new corporate reporting rule, investors and governance activists warn today, reports The Financial Times .

THE GOVERNMENT has been forced to scrap plans to simplify pensions disputes after admitting that its red-tape-cutting exercise would place "additional burdens" on pension schemes, reports The Times .

THIS MORNING'S papers are discussing the speech by the FSA's head of enforcement, in which she says the watchdog is ready to be harsher with rule-breakers.

THIS MORNING'S papers are discussing comments made by Mervyn King, governor of the Bank of England, on long-term interest rates and that the UK may be in for a "bumpy ride".

GORDON BROWN looks set for his second showdown with Europe in the space of a week after confirmation the European Parliament is to open an inquiry into whether the Treasury failed to protect a million Equitable Life policyholders, reports The Times ....

SOME OF THIS morning's papers are discussing the reprimand dealt to Gordon Brown by the EU Economic and Monetary Affairs Commissioner, over Britain's borrowing deficit.

THIS MORNING'S papers are taking differing views over suggestions insurance group Aviva is planning to expand into the US market.

THIS MORNING'S PAPERS are focusing on a new lawsuit against Royal Dutch Shell, from a Dutch pension company.