Daily Archives: May 26, 2009

Pauline Skypala

UK employers want to play a game of heads I win, tails you lose, with the members of their pension schemes. They are keen, too, to draw a veil over how much they owe the schemes: perhaps they think it is not good for their share prices to be open and transparent about this. 

The FT reports today on a plan put forward by the CBI, the UK employers’ body, for sweeping changes to pensions regulations. Among other things, it wants longer to make good a deficit than the 10 years currently allowed, and to move away from marking liabilities to market, which the CBI says can misrepresent a scheme’s position.

Ruth Sullivan

Europe’s battered fund industry is beginning to look a little less shaky as fund flows pick up in the first three months of the year. This breaks a long run of outflows after the financial crisis broke mid 2007 and then investors hit the panic button following Lehman’s collapse last autumn.

Net inflows reached €22bn as investors moved into money market funds and some of the outpourings from equity and bond funds were staunched, says quarterly research from Efama, the European fund body.

About the blog

FTfm is no longer updated but it remains open as an archive.

FTfm's specialist writing team offer their insights into the global fund management industry.

About the authors

Pauline Skypala has been editor of FTfm for four years having previously been deputy personal finance editor. She joined the FT in 1999 and has been writing on savings and investment issues throughout her career.

Steve Johnson, FTfm deputy editor, has been a journalist for 17 years, 10 of which have been with the FT.


Sophia Grene, reporter on FTfm, has been a financial journalist in print and online for 12 years.

Ruth Sullivan has worked as a financial/business journalist and foreign correspondent and for the past 10 years has been at the FT.

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