ROYAL Mail has received a £850m cash injection from the government to tackle its £4.5bn pensions deficit.
The department of trade and industry said that the money would be transfered into a pension escrow account that trustees can draw on "in the unlikely event that the company should fail". A further £900m...
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.