Consultants have been accused of using an "accounting trick" to overstate the performance of alternative investments by about £5.1bn over the past decade across Local Government Pension Schemes (LGPS).
A report by research firm CLERUS found performance assumptions used to promote alternatives did not stand up to scrutiny and were in stark contrast to historic performance. Using publically available...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.