The £3.2bn Lothian Pension Fund has appointed Northern Trust as its sole custodian.
Northern Trust will provide global custody, securities lending, and related services to the fund which is one of the top ten Local Government Pension Schemes in the UK by size. It serves local government...
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.