UBS Global Asset Management has launched a strategic investment advisory team in a bid to provide schemes with portfolio advice and solutions such as fiduciary management.
The asset management firm said the team would combine its established expertise in managing multi-asset portfolios, investment programmes and pension risk solutions to provide client-tailored services....
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.