LOCAL authority pension funds should operate as standalone bodies to make them more accountable and transparent, the Audit Commission claims.
Acting chairman Sir Michael Lyons believes radical changes to the Local Government Pen-sion Scheme are needed to put a sharper focus on each fund’s financial management and performance. This, he said,...
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.