UK - Accounting firm Deloitte & Touche has taken the unusual step of establishing a UK team to raise cash for private equity firms.
The team – led by head of corporate finance advisory services, Chris Ward – will advise and invest on behalf of limited partners who may be a mix of pension funds, insurers, banks and corporates.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.