WH SMITH is to split its defined benefit pension scheme in two and make a one-off cash injection of £50m, the retailer says.
The move is part of the company’s plans to separate its news distribution and retail arms into two new listed companies – retailer WH Smith and distributor Smith News. The WH Smith Pension Trust defined...
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.