Trustees should not carry out their own covenant assessments instead of paying external advisers for the service, managers believe.
An exclusive survey by Professional Pensions shows that 57pc of scheme managers believe trustees do not have the competence or resources to carry out the task. However 36pc of PP's panel of 100 top...
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.