Over a third of schemes plan to increase their allocation to alternative investments over the next three years, research by PricewaterhouseCoopers reveals.
The financial services firm’s survey of 226 institutional investors found 41pc of investors expected to increase allocations to real estate, 40pc to private equity, 35pc to commodities and 33pc to hedge...
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.