There is a lack of clarity over DB funding targets. Adolfo Aponte says more transparency in this area could have significant benefits.
The defined benefit (DB) pensions industry has long lacked clarity over what a good outcome on the security of members' benefits looks like. The aspiration is obviously for all benefits to be paid in full....
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.