Most pension schemes say they judge fiduciary providers according to their own investment objectives, rather than an industry benchmark.
Aon Hewitt's Fiduciary Management Survey 2014 reveals that 68% of respondents have their own scheme-specific targets against which they assess fiduciary providers, while quarter of schemes which prefer...
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.