BRITISH Airways trustees must be "prudent" but not too cautious over life expectancy assumptions, the board chairman claims.
New Airways Pension Scheme trustees chairman Roger Maynard said as trustees were now responsible for setting the assumptions used in the actuarial valuation process, it was vital not to be too cautious...
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.