Advisory firm sells for $553m; Morgan Stanley buys stake in Lansdowne; St James's boosted by pension changes; Treasury announces massive reform on ISAs
Advisory firm sells for $553m The Telegraph (pg B2) An American shareholder advisory business with links to the NAPF has been sold for £290m to financial analytics company RiskMetrics. Institutional...
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.