GLOBAL - Oil and gold exchange traded commodities (ETCs) recorded strong inflows at the end of 2008, according to ETF Securities (ETFS).
Declines in the price of oil from a peak of US$150 per barrel to a low of under $40 per barrel had spurred investors into taking long positions ETFS said, while holdings in short oil ETCs had declined.
ETFS added gold ETCs rose by $42m during the week, with total inflows of $157m during December and nearly $1.2bn over the past year.
The Pensions Regulator (TPR) has set out plans to use "new regulatory initiatives" with over 1,000 schemes as it aims to tighten its regulatory grip and boost member outcomes.
HM Revenue and Customs (HMRC) has announced it is delaying the provision of data that will enable pension schemes to confirm the guaranteed minimum pension (GMP) benefits to pay to members until the end of the year.
This week's top stories include an article on climate activists from Extinction Rebellion crashing the PLSA's local authority conference, and an in-depth piece on the Court of Appeal's ruling on the BIC UK Pension Scheme case.
Engagement in pensions is rising but there are still a number of barriers to overcome. Natanje Holt looks at the key issues that need to be tackled