UK - Paymaster has been awarded the quality management standard ISO 9001:2000 in recognition of its service standard.
The certification has been awarded to the pension scheme administrator across all its business activities.
The standard concentrates on firms that achieve and maintain customer satisfaction by placing greater emphasis on objectives, processes, measurement, analysis and continuous improvement.
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.