THE LONDON Pensions Fund Authority has appointed ING Real Estate to manage a £150m global property mandate.
The scheme said it opted for global property in order to maintain an “extensive and widely diversified investment portfolio” to limit its level of risk, while generating significant returns. LPFA chief...
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.