Dwindling defined benefit pension provision will be further hit if additional layers of actuarial scrutiny are introduced, Buck Consultants says.
Buck was responding to consultation on Monitoring and Scrutiny of Actuarial Work from the Professional Oversight Board and Promoting Actuarial Quality from the Financial Reporting Council. It noted that,...
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.