Equity market volatility could drive inexperienced savers out of the proposed national pension savings scheme, HSBC warns.
HSBC Investments head of institutional Julian Lyne said some individuals with little experience of investing in the financial markets might pull out of the NPSS if they saw the value of their savings decline....
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.