Asset liability models have a vital role to play in the investment decision making of pension fund managers, Lane Clark & Peacock says.
Head of trustee investment Gavin Orpin said ALM and so-called value-at-risk models – which calculate the likely funding positions of pension schemes – have received flak for there inability to predict...
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.