Around a third of small companies may abandon final salary schemes in favour of personal accounts, the Association of Consulting Actuaries warns.
Its 2007 Review and Pension Trends Survey Report says 36pc of smaller employers – those with less than 250 workers – may close their defined benefit scheme. The same percentage said it was likely benefits...
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.