The industry has largely welcomed The Pensions Regulator's discussion paper on delivering good outcomes for defined contribution savers, but stressed that good governance must be a main focus rather than just a consideration.
Mercer DC consulting team principal Rachel Brougham said that while the regulator’s paper contains plenty of reference to the need for effective governance, it should feature as one of the key elements....
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.