The conversion of the IMG Pension Plan from defined benefit to defined contribution in 1992 was unlawful, the High Court ruled yesterday.
HR Trustees, the schemes independent trustee, brought the claim in a neutral capacity in order to find out whether an attempt by IMG in 1992 to convert the scheme from one offering members final salary...
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.