The Financial Services Authority has launched a suitability template on pension switching advice as part of an industry-wide review.
It asks advisers to consider whether the receiving scheme is more expensive than the ceding plan, and to justify a switch if it is, among other guidelines. The template's launch, which relates solely...
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.