UK - Basic state pensions need to rise substantially to provide a genuine subsistence income, the Work Foundation says.
The pressure group – formerly known at the Industrial Society – also wants the improved pensions to be linked to earnings.
Its submission to the Commons work and pensions committee inquiry on pensions calls for a government-backed insurance scheme to protect people in occupational schemes, initiatives to encourage 58-65-year-olds to stay at work and flexible rights for older workers.
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.