Almost all shareholders over-invest in their home markets because they consider the benefits of international diversification too small and costly, delegates heard.
But Ibbotson Associates senior research consultant and chief economist Michele Gambera outlined a new framework for determining how much of a home bias was justifiable. Gambera said: “An economic...
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.