Schemes should insert a clause in manager searches to prevent them from imposing non-disclosure agreements (NDAs), according to an expert on asset management fees.
Chris Sier who recently joined KAS Bank as managing director said this would stop the controversial use of NDAs that hides the fees schemes pay asset managers. NDAs are applied when the pension fund...
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.