Government has compounded the misery for final salary schemes by reducing the contracted-out rebate level, industry figures say.
The National Association of Pension Funds said the move - announced yesterday by the Department for Work and Pensions - represented a "stealth tax" on final salary scheme members and a further squeeze...
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.