Axa IM urges caution on LIBOR reform to protect schemes

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Axa Investment Management has urged the Financial Services Authority to strengthen LIBOR standards rather than scrapping the rate altogether and risk damaging pension schemes.

The call comes after it was reported the FSA head of conduct Martin Wheatley (pictured) will publish his review of the rate fixing scandal last summer (PP Online 28 Sept), and recommend LIBOR becom...

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