ALLIANZ Cornhill has appointed Aon Consulting to administer its closed defined benefit scheme on behalf of 7000 members following a "comprehensive beauty parade".
The DB scheme, which closed to new members in April 2001, forms part of the general insurers hybrid £450m Retirement and Death Benefits Fund which includes a DC section with more than 2000 members. ...
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.