GMP reconciliation is going to be an expensive nightmare for the LGPS, finds Stephanie Baxter.
At a glance Reconciling with HMRC could cost the LGPS around £300m Reconciliation is likely to uncover significant over or under payments LGPS administration resources are already under...
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.