Pension schemes took a step back from inflation hedging measures in the last quarter of 2009, figures from the latest F&C Liability Driven Investments survey show.
The investment manager said its quarterly survey - based on responses from derivatives trading desks closely involved in pension liability hedging - showed a 37% fall in inflation hedging in Q4 compared...
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.