KPMG has signed a conditional agreement to sell its UK pensions practice to private equity-backed firm NewCo.
The Pensions Regulator (TPR) has published guidance detailing how schemes that use fiduciary managers should run a competitive tender process when appointing a manager.
Consolidation is ongoing in the pensions advisory world, with no signs of abating. Jonathan Stapleton asks whether now will be seen as the high point for pensions consulting.
The total number of mandates in the market rose 10% in the 12 months to June 2019 despite ongoing challenges stemming from the Competition and Markets Authority investigation into fiduciary management markets, KPMG finds.
KPMG has confirmed it has entered into exclusive talks with Exponent Private Equity to sell its pensions advisory unit.
Professional Pensions' expert Brexit Advisory Panel discusses the key considerations for schemes ahead of the UK's potential exit from the European Union
Cardano has been appointed as fiduciary manager to six further schemes, contributing £1.5bn to its total assets under management.
Fiduciary management is increasing in popularity among larger schemes seeking to overcome governance hurdles, KPMG says.
Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.
PP has analysed the accounts of the biggest pension consulting firms and recorded the turnover (revenue) in their most recent accounts. The full leaderboard is below…
In this webinar, panellists discuss some of the key questions around defined benefit consolidation, including what it is trying to achieve and the suitability of various models.
Here they are - the winners of the UK Pensions Awards 2019...
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 challenges for small pension funds to buy out their liabilities are well-known. A solution has emerged and is set to become popular across the DB universe, writes Stephanie Baxter
KPMG chief economist Yael Selfin will deliver the keynote speech at Professional Pensions' Spring Investment Conference.
A revised funding code for defined benefit (DB) schemes could have a £100bn impact on pension schemes and employers when published, KPMG analysis has found.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
KPMG has introduced ratings for fiduciary management products and managers, mirroring its current approach with other investment manager funds.
Lemonade has launched a retirement service in a bid to help trustees and employers guide defined benefit (DB) members through their options.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.
Jonathan Stapleton speaks to TPR's David Fairs about the organisation's plans for the year ahead, its work around consolidation and the rationale behind one-to-one supervision
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".
KPMG has announced three senior hires in its investment advisory team as the firm sets up an investment advisory practice in Bristol.
This week's top stories included KPMG facing a disciplinary tribunal over its work in the Silentnight pensions case, and a proposal for simplified defined benefit structures