Lord Mayor criticises UK companies for choosing low-fee pension schemes

Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. The City of London Lord Mayor has criticised British companies for picking pension providers that charge the lowest fees, arguing more expensive managers who invest in alternative assets will deliver better returns.  “We’ve ended up … Read more

Taiwan’s central bank tells foreign investors to stop violating capital controls

Stay informed with free updates Simply sign up to the Foreign exchange myFT Digest — delivered directly to your inbox. Taiwan’s central bank has warned “a few foreign investors” against violating its capital controls as it seeks to contain volatility in its rapidly appreciating currency. In a statement to the Financial Times, the Central Bank … Read more

MPs slam ‘disrespectful’ obstruction by chair of UK financial ombudsman

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. MPs have accused the chair of the Financial Ombudsman Service of “disrespectful” behaviour, saying she tried to stop them finding out that the body’s chief executive was sacked after a “mutual collapse in confidence”. The … Read more

A more intelligent approach to AI regulation

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One of the biggest policy challenges of our times will be how to regulate artificial intelligence appropriately. As the powerful general purpose technology is rapidly adopted across society and the economy, the task will be … Read more

Britain takes aim at office bullies and cover-ups

Britain has taken significant steps to crack down on the harassment, bullying and cover-ups that can make office life hazardous for many people.  Supporters say the reforms, which would expand rules for misconduct in financial services and prevent companies using “gagging clauses” to silence victims of harassment, should make the workplace safer and more harmonious. … Read more

Donald Trump could trigger another market shock, investors warn

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US stocks’ record highs obscure the risks Donald Trump poses to the world’s biggest economy, according to big investors and senior bankers who have warned over growing “complacency” in the markets. Senior executives … Read more