Pension schemes are too dependent on asset managers to engage with companies on financial risks they face from future climate change policy, according to ING.
This could have negative consequences for schemes if those firms are not properly addressing environmental, social and governance (ESG) risks according to ING Investment Management ESG specialist Nina...
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.