KPMG

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

KPMG and partner David Costley-Wood have been accused of deliberately providing untrue, misleading or materially incomplete pensions information during the Silentnight saga.

The number of defined benefit (DB) schemes using fiduciary management grew by just 9% over the 12 months to June this year, according to KPMG.

"Defective" company audits could mean millions of savers in pensions funds are "losing out", says the Competition and Markets Authority (CMA) as it launches a probe of the audit sector.

The pensions landscape is full of change and opportunity, says a wide-ranging report. James Phillips explores some of the views on the changes afoot.

Predictions that LDI flows could peak as soon as 2021 have led to hopes of higher gilt yields. However, Stephanie Baxter finds there are many variables at play.

The newly-launched Fiduciary Management Performance Standard has gained support from the biggest providers of independent evaluation services to pension funds.

Xafinity Punter Southall has appointed Simeon Willis as its inaugural chief investment officer (CIO) as it seeks to strengthen its investment offering.

Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.

The Pensions Regulator (TPR) has hired David Fairs as executive director for regulatory policy, analysis and advice, following Andrew Warwick-Thompson's departure last year.