EUROPE - European stock exchange indices observed a minute's silence at 2:45pm (CET) today in response to the attack on the World Trade Center in New York by two hijacked planes. The London Stock Exchange, London International Financial Futures and Options Exchange (LIFFE), Euronext, FTSE group client services desks, Deutsche Borse and other indices asked market participants not to trade for a minute at 2:45pm.
The London Stock Exchange said it is speaking to member firms with close ties to the US to see how it may be able to assist them following yesterday's tragedy. The exchange added it is not currently offering quotes in US stocks.
By Janet Du Chenne
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers