The UK's Debt Management Office realises there is strong demand from institutional investors for index linked and long dated gilt issues but is obliged to balance issuance with the unit's statutory obligation to ensure a transparent and predictable auction programme.
DMO chief executive Robert Stheeman told delegates at the National Association of Pension Funds Investment Conference: "We are aware of strong demand for long dated and index linked supply and we are attempting...
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.