GLOBAL - US venture capitalist Conduit Venture has invested in fledgling UK technology firm CMR Fuel Cells.
Conduit joined forces with UK venture capitalist Carbon Trust to lead an undisclosed investment in CMR, an offshoot of the technology consulting, development and investment group Generics.
Fuel cell technology is tipped to replace lithiumion batteries which are commonly used in laptop computers and mobile phones and the CMR deal is part of a major move by Conduit to invest in the sector.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.