US - Low income workers may be losing out on valuable tax credits for their 401(k) and other related pension plans due to a lack of awareness.
Catherine Collinson, retirement and market trends expert, TCRS, said: "The Saver's Credit is both an incentive and a reward for low-to-middle income individuals and households to save for retirement. Unfortunately few are aware that it's available."
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.