Pension schemes are making greater efforts to confirm the postcodes of members in a bid to improve the accuracy of valuations, Profund claims.
The pension administration software provider said while actuaries had long used postcodes to help determine mortality assessments, schemes were now putting more effort into data validation, which included...
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.