Trustees must be careful not to force companies to meet "unaffordable" contributions in the current economic climate, Royal Mail Pensions chief executive Gerry Degaute says.
Degaute said the UK had several "damaged" plan sponsors - and noted the ability to meet the commitment of schemes was "under pressure". He said: "In many cases these pension plans are not fully funded,...
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.