INVESTMENT Solutions has been appointed to run the assets of Bic UK's £22m closed defined benefit scheme.
The multi-manager firm – the asset management arm of Alexander Forbes – said it would manage the scheme through a liability-driven approach, matching investment strategies to future liabilities. Bic...
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.