UK - SG has launched 79 new warrants and tracker certificates in the UK in a bid to take advantage of dramatic growth in the warrants market.
The firm – the world’s largest warrants issuer – will launch the issues on the Hang Seng China Enterprises Index, which covers China-related companies listed in Hong Kong and offers some of the best financial returns in the marketplace.
The issues will include SG’s first FTSE100 tracker certificate – an instrument similar to a tracker certificate – and the first SG equity warrants on Diageo, Shell and British American Tobacco.
Head of UK listed products David Lake said: “These products are introducing real innovation to the UK warrant market.”
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