An Open Meeting was held by the Faculty of Actuaries on 15 October 2001, when Mr Myners addressed his audience on a number of the issues raised in his review, Institutional Investment in the United Kingdom: a Review. This was followed by a discussion. The lecture and an abstract of the discussion are printed after this introduction.

A second meeting on the subject was held on 16 October. This was a joint Seminar, arranged by the Faculty of Actuaries and the Centre for Financial Markets Research, University of Edinburgh. This seminar covered a number of issues raised by the Myners Review. The purpose of the seminar was to open up to discussion a number of the issues raised by the review where there appeared to be differences of opinion amongst practitioners. In particular, the investment process, investment performance and fees, especially commissions, were discussed. Academics, investment, performance measurement and pension specialists attended the seminar.