Royal Mail managers have voted to reject the company's proposed pension changes.
Unite, the postal firm’s union, said 85pc of managers who voted rejected the proposals – which would extend the retirement age from 60 to 65, close the scheme to new entrants and recalculate pension payouts...
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.