UK - Pension funds concerned at low growth prospects for the FTSE100 are being targeted by an index fund launched by Nvesta.
Its Super Tracker 3 fund is a five-and-a-half-year investment that will pay a minimum return of the original investment plus 33%, provided the index does not fall 40% below its initial level.
The closing date for the fund is September 24.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point