The Pensions Regulator is enabling the option for DB schemes to renegotiate recovery plans to repair scheme deficits, says the regulator in its reviewed Corporate Plan 2009-2012.
TPR chairman David Norgrove and chief executive Tony Hobman said that the position of trustees of a scheme in deficit is "akin to an unsecured creditor," while making clear that the "best support for a...
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.