Pension investments limited

The ability of pension funds to invest in riskier assets, including certain shares, is set to be curtailed under plans by the Pensions regulator. In a speech today, David Norgrove, chairman of the regulator, will detail his proposals which are aimed at preventing companies with large pension shortfalls taking on too much risk. The scheme, aimed at stopping abuse of the industry-funded Pension Protection fund, will target weaker funds.