At least 300,000 people will lose their existing pension scheme benefits as a result of the introduction of personal accounts in 2012, Fidelity International warns.
The pensions and fund management firm’s research – which polled 100 finance directors – found that just under 7pc said that they will close existing schemes and replace them with personal accounts. ...
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.