THE CREDIT crisis is delaying the execution of derivatives-based liability hedging strategies for pension funds, Watson Wyatt warns.
The consulting firm said that the International Swaps and Derivatives Association (ISDA) agreements and documentation required to execute such transactions are now taking significantly longer to process...
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.