Ministers "do not have clue" about how to set a new calculation method for defined benefit pension transfer values, experts claim.
Actuaries were stripped of their role as sole arbiter on the calculation earlier this year when the government announced it would establish its own framework to replace the profession’s standard, GN11....
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.