Investment

The Pension Quality Mark has opened up its awards programme to schemes with flat rate charges and contribution charges ahead of auto-enrolment.

Institutional investors are selling gilts at the fastest rate in more than a decade according to Office for National Statistics figures.

Glencore is under pressure to improve the terms of its $30bn offer for Xstrata after the latter proposed new compensation arrangements, and a leading shareholder came out against the deal.

Asset managers must act now to take advantage of prolonged market volatility, a report says, after the study revealed growing investor appetite for more dynamic asset strategies.

Derbyshire County Council Pension Fund has reduced the number of Additional Voluntary Contribution providers it uses from three to one to boost take-up rates.

Moody's Investors Service has downgraded the credit rating on 28 Spanish banks, including Banco Santander, less than a month after cutting the nation's sovereign rating.

Four Capital Partners is set to launch a global equity product aimed at institutional investors looking for lower volatility.

Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.

Billionaire investor George Soros has called on Europe to start a fund to buy Italian and Spanish bonds, or risk the demise of the euro.

The Bank of England should pump £50bn more into the "stalled" economy to kick-start the recovery, economist David Miles says.