The Pension Protection Fund's financial situation might drive trustees to consider a buyout to prevent their scheme falling into the lifeboat fund, Paternoster says.
Speaking at the launch of the Association of British Insurers buyout market guide - Defined Benefit Pensions: Information for trustees about the Bulk Insured Pensions business - chief executive Mark Wood...
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.