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GPG gets warning notices from UK Pensions Regulator, mulls implications

Guinness Peat Group, which has exited more than 50 investments to focus on UK threadmaker Coats, said the UK’s Pensions Regulator has issued warning notices over its pension plans. The regulator has found the Brunel Holdings Pension Scheme and the Staveley Scheme were insufficiently resourced and the warning notices say a ‘financial support direction’ (FSD) may be reasonable. “The board …

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YEAR IN REVIEW White gold emerges triumphant from Fonterra stumbles

Soaring commodity prices and insatiable Chinese demand for milk powder helped the primary sector emerge largely unscathed from last summer’s drought and Fonterra Cooperative Group’s series of food scares in 2014. homework central The year started badly for Fonterra after a Wall Street Journal article questioned the safety of New Zealand milk after traces of DCD, a nitrate inhibitor, were …

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