DEFINED contribution scheme members could be losing up to £3600 a year by investing in default fund options, latest research by Fidelity International claims.
The pension provider’s research found that as many as 90pc of DC scheme members choose to invest their contributions in a default fund – a move that it said meant they could miss out on funds that had...
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.