LANE Clark & Peacock has launched a "prudence index" which allows trustees to compare their funding position to other schemes.
The consultant says new scheme funding rules, which require trustees to set their funding assumptions prudently, have left many trustee boards wondering what “prudent” means and how other schemes are reacting....
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.