Closing a defined benefits scheme to future accrual is a simple way of derisking, but as Gill Wadsworth points out, it is far from a problem-free solution and not the only option worth considering
The top 100 largest UK companies recouped £26bn of pension losses during the third quarter this year, but given that they are still grappling with a £64bn funding gap there seems little to cheer about....
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.