The dominance of the "Big Four" accountancy firms has made scheme auditing an "homogenous, commoditised offering", Hermes Pensions Management claims.
The firm – which is owned by and manages the BT Pension Scheme – has called for greater choice in the audit market controlled by PricewaterhouseCoopers, Ernst and Young, KPMG and Deloitte. Hermes –...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.