Online fund selection platforms can increase the number of defined contribution members self selecting funds by about half, Bluefin says.
The consultant said 24.9% of members on its Orbit fund platform self selected their funds, compared with about 10% to 15% in ‘offline’ schemes who self selected. It said this leaves 75.1% of Orbit platform...
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.