CANADA - The government has enacted the Special Economic Measures Act on Burma, which has banned all Canadian people and financial institutions from investing in the region, also known as Myanmar.
New investment was also banned in Burma by Canadian persons and companies, and prohibition was placed on Canadian financial services and technical data to and from Burma.
The statement said the regulations had been put into force in order to respond to the gravity of the situation in Burma.
"The abhorrent human rights and humanitarian situation in Burma is particularly dangerous as the government's actions not only oppress its own people, but also bring substantial transnational destabilising effects which threaten peace and security in the entire region and undermine freedom, democracy, human rights and the rule of law," said the statement.
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).