Final salary pension schemes experienced the highest five-day volatility on record, with the biggest single day loss of £27bn on Monday, Aon Consulting says.
The combined deficits for the UK's 200 largest defined benefit schemes amounted to £73bn on Tuesday - showing the adverse effects on final salary pension schemes following a week in which the FTSE100 index...
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.