Islington Council Pension Fund has gone to tender for two mandates worth up to £400m in total.
It said it was looking for an actively managed overseas equity mandate, worth between £200m and £250m, and a UK bond mandate worth between £100m and £150m. The scheme said the equity mandate would be...
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.