THE FINANCIAL Services Authority pension scheme deficit rose to £91.3m in 2006, latest figures show.
The FSA’s annual report and accounts blames a fall in corporate bond yields and increases in inflation and longevity assumptions. The increase to £91.3m from £80.3m in 2005 was offset by asset returns...
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.