Newton Investment Management chief executive officer Helena Morrissey is to chair the new organisation arising from the merger of the Association of British Insurers (ABI)'s investment affairs division and the Investment Management Association (IMA).
The merger was announced in April, with IMA chief executive Daniel Godrey appointed to lead the new organisation (PP Online, 11 April), which is set to be called the Investment Association from 2015. ...
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.