Paying pensions to retired police officers costs taxpayers more money than serving officers in some areas of the UK, a new study claims.
The Chartered Institute of Public Finance and Accountancy’s annual report says the the scheme is the most expensive per head in the public sector and is costing £2bn a year for the 140,000 retired officers....
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.