Guinness Peat Group, a former activist fund manager that once helped scupper the merger between the London Stock Exchange and Deutsche Börse, has been hit with a warning notice from the UK's Pensions Regulator over two of its remaining company pension schemes.

This morning, Guinness Peat said it had received "warning notices" from the Pensions Regulator in respect of the Brunel and Staveley pension schemes, which are holdovers from companies the group acquired and restructured in the 2000s.