UK - The Society of Pensions Consultants has held talks with the National Insurance Contributions Office on the payment of age-related rebates and guaranteed minimum pensions calculations.
SPC members raised concerns about both issues, prompting the organisation to write letters to NICO to highlight difficulties in automatic recovery of age-related rebates.
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.