UK - The FRS17 accounting standard will prompt pension funds to increase their investments in non-government debt, according to Paul Grainger, manager of Gartmore's UK gilt and fixed interest fund.
To gauge the impact of FRS17, Gartmore carried out a survey of finance directors from 100 leading UK companies with over 60 responses so far. Of the sample in the survey, more than 40% of finance d...
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