Pension funds are natural buyers of infrastructure assets and funds but they are being presented with product which does not meet their specific needs, BAE Systems Pension Funds Investment Management says.
Chief Investment Officer David Brief told delegates the three large schemes he runs, with some £11bn assets under management, all have between 3.5% to 5% allocated to infrastructure, but mostly at the...
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.