Universities Superannuation Scheme trustees have rejected plans to cap inflationary increases for members' benefits and force people who re-join the fund to switch to career average.
The 12-member USS board backtracked on their decision to approve the plans and said they would consider modifying proposals after receiving a deluge of responses from a statutory consultation on the changes....
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.