United Kingdom



UK watchdog tells asset managers to get in line on cost disclosure

LONDON Britain's markets watchdog will force asset managers to be more transparent about the costs they charge customers if the industry does not implement a voluntary scheme to improve transparency within a year.

Recent Pension News

'A List' climate change firms outperform on stock market - survey

OSLO Apple , L'Oreal and Mitsubishi Electric are among more than 120 global firms which scored top marks in a ranking of corporate efforts to slow climate change.

Britain bans 'cold callers' who target pension pots

LONDON Britain's finance ministry said on Wednesday it had banned "cold callers" or scammers who use the phone, post or email to persuade people to part with their pension pots.

Business, UK, Money, Money Home 09 Jan 2019

UK local authority pension schemes cut hedge fund bets

LONDON Britain's top local authority pension plans have cut investments in hedge funds in favour of better-performing alternatives, a review of annual reports shows, adding pressure to an industry beset by weak performance, outflows and fund closures.

Business, Hedge Funds, 04 Jan 2019

Yen's surge is a red flag for world markets

LONDON A gradual rise by the Japanese yen in recent weeks culminated in a dramatic overnight surge -- firing a warning shot for world markets and the global economy in 2019.


Bank of England's Vlieghe scales back rate hike view

LONDON The Bank of England can probably raise interest rates only around once a year, given the weakening of the economy in Britain and around the world, and even that slow pace might be too much, a top policymaker at the central bank said.