The vast majority of defined benefit trustees are confident their sponsor will be able to survive the recession, a Baker Tilly survey of 200 schemes reveals.
It found 85% of trustees were confident their sponsor would ride the storm. The survey also found recovery plans were not currently in danger - with only 2% reporting an employer payment default and...
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.