Trustees who believe they have complied with conflict of interest requirements under the Companies Act could remain in breach of the law, Allen & Overy warns.
The Act – which came into force on October 1 – means directors of a pension trustee company or an individual trustee who is a director of another company – must be authorised for any conflicts of interest....
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.