Investors take record amount out of funds; Hedge funds suffer under burden of volatile markets; Cost of living rises for pensioners; Markets catch cold again as US fears persist
Investors take record amount out of funds The Independent (p37) Retail investors withdrew a record amount from UK funds at the end of last year as sub-prime troubles and the market turmoil hit confidence....
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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.