MITUSI Babcock Energy Pension Fund has appointed David Somers as chairman of trustees and chairman of the investment committee. He takes over from Sir Frank Gibb, who retired as chairman last year.
Mitusi Babcock director of human resources Lindsay Pritchard said: “David brings a wealth of experience to this role from his professional and commercial background – we are excited to have him on board.”...
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.