FOREIGN exchange "slippage" on equity deals could be costing schemes hundreds of thousands of pounds, Russell Investment Group warns.
The fund management firm said analysis of a range of FX execution audits it conducted on behalf of pension schemes found a “slippage” of 7.6 basis points on their equity investments. But Russell said...
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.