UK - Unions are gearing up for a battle to keep Birmingham Airport's final salary scheme open.
Airport bosses want to axe the scheme from April 1 in favour of a cheaper defined contribution option.
Unions fear the closure of the scheme will create a divided workforce and jeopardise the long-term viability of the scheme for some 600 current employees.
Transport & General Workers’ Union warned of industrial action during talks with the airport’s finance chief, Joe Kelly.
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.
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