Pension funds need to undergo a "major change" of attitude towards their asset managers to combat short-termism in the markets, a government-commissioned review says.
Professor John Kay's long-awaited review into the structure of UK equity markets has slammed the structure of the fund management industry and called for a "shift in culture" in the markets. The review...
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.