Trustees now have a further five years to act on legal requirements under section 251 of the Pensions Act 2004, the department for work and pensions confirms.
Before government amendments on its application the section appeared to prevent any payment being made to an employer out of scheme assets unless an appropriate trustee resolution was passed before 6 April...
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.