U.K. Pensions Regulator to Block Risky Investments, FT Reports

Dec. 7 (Bloomberg) -- The U.K.’s Pensions Regulator is preparing to block pension funds and companies with weak balance sheets from taking “high levels of investment risk,” under plans to be announced today by David Norgrove, chairman of the regulator, the Financial Times reported, citing an interview.

To contact the reporter responsible for this story: Blanche Gatt in London at bgatt@bloomberg.net

To contact the editor responsible for this story: Colin Keatinge at ckeatinge@bloomberg.net