Almost 50% of pension schemes do not have written policies on responsible investing, according to the Association of Member-Nominated Trustees (AMNT).
Its annual survey showed that while two-thirds of schemes had discussed responsible investing, just over half had actually created a policy. The result comes two months after Axa Investment Management...
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.