HERMES Pensions Management has appointed a search consultant to find a new chief investment officer after Nick Mustoe announced he was stepping down.
The asset manager, which is owned by the BT scheme, plans to redistribute some of Mustoe’s duties to individual heads of core assets classes. This, it says, will give greater autonomy and control and enable...
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.