The London Borough of Southwark Pension Fund has invested in BlackRock's newly-launched tax transparent fund that reduces carbon exposure in equities, PP has learned.
The fund was introduced in December as part of an expansion of its authorised contractual scheme (ACS) offering after launching the UK's first four years ago. Southwark, which has around £1.5bn assets...
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.