A MASSIVE £12.1bn cash injection by the UK's biggest firms into their pension funds could lead to further scheme closures, Lane Clark & Peacock fears.
The actuarial consulting firm’s 13th annual Accounting for Pensions Survey – which analyses FTSE100 companies’ 2005 accounts – found eight firms paid more into their pension schemes than to their shareholders...
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.