Nearly 2,500 DB schemes are now using LDI to hedge their liabilities, XPS Pensions finds. James Phillips looks at the increased use of the product over 2018.
Hedging of defined benefit (DB) scheme benefits is continuing to pick up pace as the use of liability-driven investment (LDI) has jumped over the 50% mark. By the end of 2018 there were 2,405 LDI mandates,...
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.