Marks & Spencer has agreed to pre-fund £200m of its annual contributions to its UK defined benefit pension scheme for the next three years.
The retailer said it would increase the value of the £1.2bn scheme’s interest in the property-backed partnership set up between the company and the scheme in March 2007. The partnership was set up...
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.