SCHEME managers have criticised The Pension Protection Fund for being too inflexible over the way it calculates its levy.
Corus Engineering Steels pensions manager Keith Young claimed the levy was “far too highly geared to company profitability, the rating of which is outside of our control”. He told PP: “Various bounds...
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.