UK - Halifax has received a quality mark from the Pensions Protection Investments Accreditation Board.
Halifax, part of HBOS, was accredited under the Raising Standards Quality Mark Scheme. The award means 55% of the market is now accredited.
PPIAB said more firms were working towards accreditation, which meant over two-thirds of the industry was engaged in the voluntary initiative.
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.