BNY Mellon and Redington have teamed up to launch an enhanced asset and liability risk reporting service for pension funds.
The investment bank and investment consultancy's service will allow UK schemes to monitor their funding position on a quarterly basis (based on monthly calculations) as well as their level of risk exposure....
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.