UK - Standard Life has called on the government to scrap the "overly complex" state pensions system and replace it with a single benefit for all.
It believes workers will be discouraged from making additional pension savings unless the current system is simplified and will end up in poverty at retirement.
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.