MERRILL Lynch has launched a new series of swaps indices amid the growing popularity of liability-driven investment among pension schemes.
The indices track the performance of interest rate swaps in a variety of currencies and maturity points, including the US dollar and sterling par coupon swap curves. Merrill Lynch global bond index...
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.