UK - A major survey on pension scheme attitudes towards alternative investment strategies is being launched by JPMorgan Fleming Asset Management.
The fund manager is looking for responses from schemes at the UK’s top 350 UK companies.
The survey will look at how attitudes to hedge funds and private equity have evolved since the Myners review which recommended that schemes should hold 5% in alternative asset classes.
A survey on private equity last year by JPMorgan Fleming found that 41% of pension funds were invested in the asset class, but that 40% had never invested in this asset class.
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.