UK - Investec Asset Management is urging investors to take a more selective approach to stocks over the coming months.
In its monthly investment review Investec recommends that asset allocators steer clear of large caps and technology groups which the firm considers to be overvalued and vulnerable to downward pressure on prices and margins.
Chris Carter, head of strategy at Investec said that the firm is pushing mid-caps because as a group their earnings are holding up much better in the current economic environment.
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.