UK PENSION schemes have been the surprise beneficiaries of the banking crisis thanks to the impact on corporate bonds, according to Aon Consulting.
Aggregate funding levels quoted by the largest 200 UK pension funds in their company accounts improved 2pc from an aggregate £10bn deficit at the end of August to a £5bn surplus at the end of September...
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.