GLOBAL - Standard & Poor's has launched two indices for the commodities and natural resources sectors.
Each of these sectors has two clusters - energy (oil, coal and gas), agribusiness (agriculture & livestock) and metals and mining (precious and industrial).
The index offers focused coverage of the 60 largest companies across these six clusters, and is designed primarily for structured product providers and ETFs.
The S&P PMI Commodities and Resources Index is designed to provide a broader coverage of larger capitalised stocks from commodities and resources (energy, agribusiness and metals & mining), with approximately 160 stocks suitable for benchmarking for performance measurement, data for research, or passive management, including funds and ETFs.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.