Deutscher Investment Trust new funds
GLOBAL - Deutscher Investment Trust has launched two absolute return funds through its Luxembourg subsidiary. The funds target positive yields over 12 months and will be offered in two risk versions.
Thomas Murray - Watson Wyatt tie-up
EUROPE - Thomas Murray, the specialist custody rating, risk management and research firm, and Watson Wyatt have an agreement to promote custody ratings and operational performance reports to Watson Wyatt's pension fund clients across Europe.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.