Companies under pressure from the economic environment are increasingly looking to outsource pensions administration to reduce costs, Mercer says.
Head of outsourcing Jonathan Mindell said: “Given the economic climate, more organisations are under pressure to deliver more revenue but save on costs, so finance directors are looking to reduce expenses.”...
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.