The Leicestershire County Council Pension Scheme has challenged Aegon Asset Management to deliver £10m annual investment outperformance after handing the firm a £2bn asset allocation mandate.
The local authority pension fund's investment manager Colin Pratt said the firm would be expected to add 0.5% to its asset values each year, with investment performance reviewed on an ongoing basis. ...
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.