Proposals to amend accountancy standard IAS19 could cut the earnings of UK firms by as much as £10bn, accountants and actuaries warn.
KPMG said the changes - announced today - would hit UK businesses' earnings by about £10bn and have an impact of over £50m per annum on employers with the largest pension schemes. Pensions partner Mike...
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.