Fidelity set for maiden ETF launch with two funds
Fidelity International, which manages £224bn, will on Monday launch two exchange-traded funds, marking the UK fund management firm’s foray into the asset class. (FT)

Study highlights high pension liabilities at FTSE 250 firms
Twenty-three constituents of the FTSE 250 including AA, Thomas Cook and Balfour Beatty would be forced to withhold dividends for at least two years in order to plug pension deficits, a new study by JLT Employment Benefits has revealed. (Telegraph)