CURRENCY overlay managers have failed to add value for the second consecutive quarter, latest figures from BNY Mellon Asset Servicing show.
The performance measurement firm’s latest currency overlay analysis revealed managers achieved a median excess return of -0.32pc for the quarter ending December 31, 2007. However, managers achieved...
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.