BNY Mellon has been re-selected by RPMI Railpen to provide core custody and associated investment services, continuing a 22-year relationship.
The appointment - announced today (8 November) - by the investment management arm of the £28bn Railways Pension Scheme followed a "competitive tendering process". RPMI Railpen added that the services...
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.