Logica has confirmed it is set to close its final salary scheme to existing members as part of a restructure of its UK pension arrangements.
The consulting firm said it was moving towards one consolidated defined contribution scheme, which would "offer staff increased flexibility in the provision of retirement income, driven by increased pension...
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.