The £30bn Universities Superannuation Scheme has described proposals by the Pension Protection Fund to consider investment risk when calculating levies as "a tax on good schemes".
USS, the third largest scheme in the UK, has written to the PPF arguing plans to take account of the risk that a scheme's investment strategy poses to the lifeboat when calculating its individual levy...
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.