The Investment Association has issued a briefing note in the wake of a series of property funds suspending trading this week, saying the move is the "most important tool" to protect investors.
The association said the asset management industry clearly recognises and explains the fact that open-ended funds carry a liquidity risk for unitholders and the suspensions show the regulations are "working...
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