The Investment Management Association (IMA)is to merge with the Association of British Insurers' (ABI) investment affairs unit in a bid to give fund managers a single, stronger representative voice.
IMA chief executive Daniel Godfrey (pictured) will head the new organisation, the name of which has yet to be decided, with around twelve ABI employees moving across, according to Sky News. A new chairman...
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.