The number of final salary schemes open to new employees has plunged from 28pc to just 17pc in a year, Aon Consulting says.
The consultant’s 2008 employer survey – which polled 100 defined benefit scheme managers across the UK – found a combination of factors had created "tough" conditions for companies wanting to continue...
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.