State Street Global Advisors has launched 22 leveraged swap funds as part of its liability driven investment suite.
This comes after SSGA launched 10 leveraged gilt funds in April and is the last phase of the roll-out of the asset manager's LDI solution (PP Online 24 April). The 22 latest funds include nine interest...
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.