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TOP NEWS
UK Gov't Strikes New Deal With Pension Funds On Investment
By Martin Croucher
The government launched a club of the U.K.'s 20 largest pension funds and insurers on Monday, part of a wider push to drum up investment for economic growth.
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MPs To Probe Pension Erosion Amid Inflation Concerns
By Martin Croucher
Former employees of multinationals such as Hewlett Packard and American Express will tell MPs this week about how their pension income has been eroded by a failure to keep pace with the cost of living.
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Trustees Urged To Boost Defenses As Cyberattacks Rise
By Tom Fish
Trustees overseeing pension programs should urgently reassess their cybersecurity and fraud defenses amid a sharp rise in "nationally significant" cyberattacks, a U.K. consulting company has warned.
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POLICY & REGULATION
FCA Flags Money Laundering Risks At Corporate Finance Cos.
By Joel Poultney
One in 10 corporate finance companies has no documented business-wide risk assessment, the City watchdog said Monday, warning that many organizations might be falling short of money laundering standards.
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DEALS
Broker JMG Group Buys Another UK Insurance Co.
By Joel Poultney
JMG Group has bought Glasgow-headquartered broker Taveo Group Ltd. in another acquisition announced by the Yorkshire-based insurance broking group as it continues its U.K. expansion.
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