Schemes with leveraged liability driven investments (LDI) may have reduced their deficits following the Brexit vote.
Xafinity says defined benefit schemes that protected themselves from falling gilt yields by investing in LDI will have seen scheme assets increase in line with liabilities. It estimates this may have...
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.