IMA

The National Association of Pension Funds is teaming up with the Investment Management Association and Association of British Insurers to push forward plans to set up an investor forum.

The European Commission is exploring ways in which pension schemes can be encouraged to finance long-term investment in the European economy.

The Investment Management Association has proposed a way fund managers should present a single, clear "pounds and pence" figure for all annual costs in their funds.

The European Commission has adopted a proposal for a Financial Transaction Tax to be introduced in eleven countries, without an exemption for pension funds.

Regulation by the TPR, FSA and Europe is necessary to ensure disclosure standardisation and compliance.

Pension schemes with exposure to LIBOR-related swaps could have lost out as a result of manipulation of the lending rate.

Pension funds still have "clout" in UK equity markets, despite holding a dwindling proportion of UK shares compared with foreign investors and institutional asset managers, according to the National Association of Pension Funds.

Institutional investors are increasingly incorporating the UK Stewardship Code into overall investment approaches, the Investment Management Association has found.

Default funds are firmly in the industry's spotlight after the Association of British Insurers and the Investment Management Association announced joint initiatives to "build standards" in the area.

The Investment Management Association has warned asset managers' role in engaging with companies is not a cureall.