MORE people than ever are confused by what they can and cannot do with their pensions despite "simplified" rules, a leading independent financial advice firm claims.
Hargreaves Lansdown head of pensions research Tom McPhail says this is not indicative of the post A-Day system but more the fact that it will take people time to understand the implications of simplification....
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.