The government is being too relaxed about the problem of means-testing on personal accounts, the Society of Pension Consultants warns.
And in a meeting at the department for work and pensions, the SPC said means-testing was an issue that was “hanging over the whole field” of advice about personal accounts and adding to its complexities...
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.