KPMG and partner David Costley-Wood have been accused of deliberately providing untrue, misleading or materially incomplete pensions information during the Silentnight saga.
The Financial Reporting Council (FRC) has today (22 November) lodged a formal complaint against the firm and Costley-Wood for work they undertook between January and April 2011. It comes after a three-year...
The 4% rule of thumb often used to define a sustainable approach for drawdown in retirement is no longer fit for purpose due to prevailing and sustained market conditions, says Lane Clark & Peacock (LCP).
Pension scheme members could be owed as much as £25,000 in back payments from GMP equalisation, according to research by XPS Pensions.
Pension schemes have been “shoehorned” into valuing liabilities against gilts, creating a “herd mentality” that does not reflect scheme funding accurately, says PwC.
As over 1,000 DB schemes seek to agree a valuation amid the crisis, Hope William-Smith looks at the considerations.
Trustees should have the ability to pause suspected scam transfers, respondents agreed in a Professional Pensions poll.