Trustees are increasingly delegating investment decisions to third parties, according to an Aon Hewitt survey.
The Delegated Investment Survey found 27% of UK pension schemes delegated implementation of investment decisions to a third party in 2012, up from 17% the previous year. The consultant said the results...
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.