Falkirk Pension Fund has awarded a £30m mandate to the Hearthstone Investments Housing Fund for Scotland.
The investment marks the first stage of the fund, which will provide social and affordable housing within the country. Money will be invested in local housing infrastructure via fixed-rate corporate...
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.