UK - Worldwide investor confidence in equities is falling, figures from State Street Associates show.
Its Investor Confidence Index, set up to measure the risk appetite of institutional investors, says investor confidence fell from 85.5 in June to 84.3 in July – the sixth decline this year.
Index co-designer and Harvard University professor Ken Froot said: “It’s becoming clear that investors do not see sufficient growth in earnings to justify recent price levels, especially in the context of increasing interest rates.”
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