The Universities Superannuation Scheme (USS) increased assets under management by 20.1% to £60bn over the past year, the scheme's latest annual report and accounts reveal.
The fund's latest annual report and accounts said the scheme's assets grew by £10.2bn from £49.8bn on 31 March 2016 to £60bn on 31 March 2017. The scheme said it underperformed its one-year strategic...
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.