MPs' pensions cost taxpayers £20.5m a year - more than double the official estimate, pension consultant John Ralfe claims.
He said the 2006-07 House of Commons accounts showed the Parliamentary Contributory Pension Fund cost taxpayers 18.1pc of salary or £11.5m in that year – consisting of £7.8m for new pensions and £3.7m...
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.