Schemes needed to be run like US endowments to claw themselves out of deficit, delegates heard.
Henderson Global Investors investment director Mitesh Sheth urged schemes to abandon their herd mentality and be wary of decisions made by committee. He said trustees should develop new governance structures...
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.